The seller accepted my purchase price offer, but I do not think in the contract we said anything about the property needing to be completely done with the renovation work.I have 5 days in the attorney review period starting today and I am looking to see how I make sure the seller finishes the 2-3 week renovation he is almost done with.Thanks!

He only finished around $2000 of work.

Plus, investors are making offers on properties site unseen which defies logic.I've expanded my search to less competitive markets in the Central Valley where my criteria for cash-on-cash return and equity appreciation through value-add are attainable. 

House is in one of the best school districts, and in one of the better neighborhoods. it is a 4/3 with 3200 square feet, on a full basement that is not finished but stubbed for bath. 

Personally, I like the thought that all my investments would at least attain the "1% Rule" - which this one DOESN'T.

These are things that are cheaper when you hire contractors who specialize in those things, as they can get discounts on the materials, they own the tools and they can finish the job in probably a third the time as a handyman.For example, painters can generally get paint for 30-40% less than a handyman just based on quantities they buy. 

Im currently in the finishing stages of my rehab & in need of a detailed scope of work for company I'm hiring to handle the painting, compounding , plaster & taping of the house.

What happens if they do a shoddy rehab and you've already paid for it, or even worse, don't finish the work.

I have just finished reading this wonderful book "Tax strategies for the savvy RE investor" which I would highly recommend for any RE investors.

Just finished Flip #4 - sold without putting on market to a party interested in the project.