The difference would depending on your exact deal though, each of those are weighted differently. 

But it won’t take that kind of event for someone who needs cash flow to fail.

As many have said the status of the relationship between GC and owner will carry a lot of weight in terms payment terms.

@Sarah Kensinger Yes, I mean honestly I would put the money into it if I was guaranteed success that type of money is more for if I had bigger savings and maybe already had an airbnb business and was failing.

(Tedious process)Unlike my other properties, where most applicants meet the criteria and need to see the unit to decide if they like it, this particular unit appeals to almost everyone (In this demographic)—but many fail to meet the qualification requirements.

You must give notice before entering, but you do not require permission.Any time I expect a response from someone, I include a deadline for their response and a consequence if they fail.

Set action plans that your going to strive for ____ and if by __ date plan A fails, you roll too plan B.

Hi @Leon Jamison,I can recommend my contractor. my project was $420K, 7months, funded through 203K. we went slightly over schedule (10months),mainly due to a few failed/ repeat inspections, but we were able ton finish under budget.TBH, Im actually doing a second multi family reno project in the heights, New York Ave with the same contractor beginning March 2025.Anyways, you're bound to have issues when working with any contractor.

Most people fail due to imagined failure and not success.13.  

However, if they fail to meet any of the agreed-upon payments, I request that they vacate the property.Great suggestion.