There is a line item on your credit report called "High Balance".

They also have a space to buy groceries, Pampers, everyday items for living.

They left a small amount of furniture and a few other personal items which are getting donated soon.Basically there was too much work to be done under those conditions and I didn't want to risk taking un-sterilized fleas home with me after a days work.

If items get torn up then we call them out and they get fixed or replaced.

If you've already accounted for foundation issues and other larger items, which it looks like you have with a 40k rehab budget, there's less of an unknown.

A GC is going to feel a lot worse about going $30K over budget (even if the change orders are new items that he didn't know about) than he will about going $10K over budget (especially when that $10K has been discussed).

@Chanté Owens It's not a legal requirement in California to carry E&O, but a brokerage specific item so you're pretty much right that all Realtors will carry E&O insurance.

And no I was not saying in every situation you have to store the random personal items that may have been left behind, just when it is obviously more than an old couch they don't want ect.

Painting is generally a deductible expense when done as a maintenance item.

By "degree days" , its in a computer program that calculates the amount of typically used based on the temp , efficency of the furnace , sq footage , number of occupants , type of construction , plus a few more items .