I am working on my first Multifamily fix and flip and would love to partner with someone for a Multfamily fix and flip in Jacksonville, FL or Houston, Tx.We will be registering as general contractors in houston on the first day of 2025.

My main account has all the rents deposited and all expenses deducted such as mortgages, some utilities and an electronic payment app connected to the account to pay contractors.

Will be two different Scopes Of Work (SOW).How will you find, vett and manage contractors remotely? 

Hard money is expensive.Some questions to ask yourself to assess risk:Do you have access to a reliable contractor who can complete the work on time and stick within a budget?

This kind of legislation discourages good investors and people who enjoy coming in and helping to stabilize communities.

Also, our market has many First time home buyers, so to fix&flip we needed contractors which required much more $$.

Try to arrange for an “open house” day for buyers to walk through with contractors and eliminate inspection problems/delays. 

She is in a good position with the contractor who appears to be in direct contact with the tenants in terms of minor fixes as they arise. 

PM's will have plenty of contractors to help streamline the process for you and limit your liability when dealing with contractors. 

By a professional estimate I mean having a contractor bid the work, not just me estimating the jobs.