- Should I have the GC given me a bid only on the labor and few necessary items to perform the job for instant, painters I will be providing the paint and they provides whatever need.- Should I hire each individual trade master by the hrs/project and what is the best way to have an good estimate on how much things cost?

The taxes are so high it would have taken a few renters to displace the cost of taxes AND housing costs.So until I have the funds to rehab/renovate a house and reap the rewards of that instant equity I'll settle for saving 50% of the costs of living in NYC.

@Winston Eastman let's try to objectively (and Logically) look at this.TURNKEYPros: 1) Everything should be done, so no major repairs for near future2) Can finance everything in one purchase loan3) Can also buy with tenant in placeCons:1) Usually paying market price2) Trusting that repairs were all done and done well, otherwise potential money pit3) Any tenant in place may be misrepresented to make the saleOWN REHABPros: 1) If done well, may have instant/forced equity2) You will know exactly what repairs done and how well they were done3) Can place your own tenant to your qualificationsCons:1) Rehab loans are expensive2) Can run into rehab surprises affecting budget (watch any HGTV flip show!)

These indicate another victim of the "instant profit" flip.Profitability flipping is difficult even for large corporations.

The property is valued at $3,000,000 but is under contract for $2,500,000, providing instant equity of $500,000 upon closing.I am actively exploring ways to quickly secure the required $300,000 and am considering various strategies, including negotiating with lenders or partnering with an investor.

But even being able to do a full cash out, it's hard to pass up the $40k-$60k pay day for a rental that produces negative cash flow.

In NJ you can create one online almost instantly.

The other one the guests instant booked and then were trying to check in at 6 AM despite our 4 PM check in rule.

So text is for me the best solution, especially because its instant and also because I dont have to deal with looong emails.

@Andrew Lee - From a completely outside view - not knowing anything about your situation - sell and take the $170K pay day (less the bills and closing).It also opens up your VA loan again.