I recommend you pay him the final amount, but get a lien release, in advance, that says if you pay him this final amount, he will have been paid in full for his work and no further liens can accrue.

The final straw was when my property went into abatement after an inspection, due to the property management company's failure to address tenant requests for the exact items that caused the issue.

Finally, the cost of living is relatively low which makes maintenance costs lower for the labor.To Your Success!

So, I no longer live in those areas and am very thankful to finally have insurance. 

Like many of you, I'm a new investor, although have worked with investors for several years, finally jumping out of the nest if you will!

Title company processes transaction and finalizes sale.

Cost Overruns: After the final payment, the contractor claimed there were additional costs of $60K.

I would need to know more specs on the house but with material shortages It's difficult to say how much to budget. 80K-120K for full gut perhaps but unsure with lumber beings so expensive and shortages.I would plan 9 months of vacancy between the pain you will endure pulling permits & having your contractors show up everyday to complete the work & then final inspections to get a CO. 

However, if you wrote mostly 4s and 5s, you may want to consider your options.A Final Note About Selling and ExchangingIn our new regulatory environment, a rental-housing owner in Oregon can run afoul of the rules even when trying to sell.

I used some photos with a similar aesthetic but made it very clear these are not the final photos.