We are local contractors in the area looking to get our feet wet in the real estate investing waters.

My thoughts were to have an inspector come out rather than a contractor to do the general assessment. ...Alex is the property in Indy as well?

The requirement was a non refundable 30% down in 30 days without a contract or time line for construction.

You can still get a feel for contractors working with on properties you plan to hold. 

I'm also open to flipping once I have some more funds on hand as I have some friends here I know that could help me with the right contractors to work with and start to make some money that way to get more properties.

After a little while of this you can slow down and just use the one contractor you have gained a good relationship with and know their numbers on rehabs.

300k purchase + 10-15k closing + 80k remodel + 5k for refinance costs. 80k remodel number I got from my father who is a general contractor in the area. 500k ARV x .80% refi (because it would be my primary residence) = 400k minus 15k closing, 80k remodel, 5k refi cost = 300k my original purchase price.

BTW I am a 10-99 contractor and have been focused on the rehab for the past several months, which affects my verifiable income.

BP's rules won't allow roofers and contractors to reach out to you in this section of the forums.

If door knob break (giving a simple example), Doorvest will charge me the price of door knob + contractor fees (Doorvest will not collect additional fees for themselves).