4390 Asteria Terrace progression photosFill Dirt & Build Pad -> Underground Plumbing -> Slab Prep

Electrical, plumbing, the list could go on and on.

Look at mechanicals, general condition, type of plumbing, exterior, roof, etc. - Repairs / updates are more expensive than you think.

I buy supplies, and keep up with pricing, do repairs, except for electrical, plumbing and A/C.

I check for solid plumbing, electrical, and foundation issues. 

Then we paid him an additional $17,500 to complete the next stage of the project (plumbing, floors, etc) but that's when everything went south.

When repairing an existing home, there always seems to be some sort of a surprise... termites, underground plumbing, lots of wood-rot under the shingles, you name it... 

For example… Home needs paint, flooring, has rusted plumbing in the bathroom and has termite damage.

This home had a HUGE delay that cost us thousands of dollars.The group that put in the underground plumbing dug the plumbing too low, and by the time we caught the mistake, the slab had already been poured and the septic tanks installed.We had to dig up the septic tanks, install a lift station, and reinstall the septic tanks.This all happened during 2 hurricanes, which caused even more delays.Time kills deals.This is why you need to 1) be conservative with your timelines and costs, 2) add contingencies to your budgets, and 3) have a healthy profit margin.

Get your own boots on the ground, meet the people you will rely on aka the cleaners two handmen, meps(mechanical, electrical, plumbing) contractors.