Lesson learned, now you have the experience and can take this to the next deal. contractors can't overbid you as you know how long it will take and price of materials. take this lesson and continue to grow.

I recommend becoming a PRO member and promoting your deals in the Marketplace.

The neighborhood can make a difference on the quality of materials you will use, but only by about 5-8k or so.

My contractors give me bids for time and materials.

How is he going to get tools and materials to the job site without his truck?

I'm currently in the middle of getting my Real Estate Agent license and hope to have it done by end of year.i was studying my Law of Contracts material and i came across the rule (537.11) that states that agents must use TREC promulgated forms in a transaction unless the license holder (me) is acting SOLELY as principal or the principal (client) requires use of another contract and/or one prepared by an attorney.  

I don't remember any of the material.

Can anyone recommend a more cost effective way to promote the property?

3) if there’s decent equity after his and others’ sweat and material, and he wants to take on the challenge, he’s back at step 1; seeking real legal counsel on his standing with the lender(s). 

Subway tile is safe but not as interesting as white glass subway or the arabesque shape in the exact same white ceramic material.