., don't have to pad as much), they'll provide lower prices.Again, you have every right to do this (and I understand why you do), but as an investor, I'm always a little concerned when a contractor has to bundle material and labor costs to reduce his risk in one or both areas -- that indicates me (whether true or not) that they aren't confident in their line-item bids.Btw, if a contractor isn't confident on his line-item labor bid, I'd much rather him give me a fixed labor bid for the well-defined tasks and then hold off on pricing the areas that can't be well-defined until we get into the rehab. 

````````````````The upfront agreementIn order for the upfront agreement to work, you need to frame it as a very fair, 2 way business agreement.Here is a possible exchange...After the walk through, you're sitting at the kitchen table, looking at both mom and dad the sellers.I fold my hands and I looked very solemn, I try to give them is kind of an expression is possible, as sincere as possible, I have my legal pad, a pen, and a blank letter of intent in front of me.I also have a folder of comps and rental information on the subject property.So here's the upfront agreement...Investor: "So Bob and Susan thanks for the walk through, I just wanted to talk about how I'd like to see our business relationship work.

everyone wants the nicest pad as possible.if lenders cut back their DTI to say 30 to 35% that would also strengthen the loan pool..

I make decent $ at my W2 and plan to pick up a side job to pad a solo401K.

It's mostly a crash pad as these workers and doing 12 hour shifts

In essence, you're going to get what you pay for.If you're making simple revisions to a rehab you may be able to avoid hiring an architect by sitting down with your contractor and a pad a graph paper and sketching the revisions that you want to make.

I'd love to work closely with someone as a project manager (working for peanuts) to turn a building around for massive equity gains just to see how it is done and pad a resume.

I don't have a ton of experience, only one live in flip, I have managed a handful of small construction projects at a previous employer, I managed the entire engineering park project at my current employer which included construction of an 11,000 sqft pad, a 3500 sqft facility with all necessary plumbing and electrical, I also personally designed an managed the installation of our custom chilled water delivery system that is required for certain tests.

im sure there would be a limitation, but to make someone whole it needs to be fair,  and the award may be for more than you may expect, WI is a pretty LL friendly state for the most part,  also keep in mind no one is proving the actual cost, and carpet and pad as well as installation costs have a wide range of prices. 

He is doing additional training with the Launch Pad as well.