This scenario is determined by the condition of lead-paint and the cleanliness of the unit (remember, we are dealing with dust and paint chips - less dust = lower levels). 

What made you interested in investing in this type of deal?

Purchase price: $280,000 Cash invested: $250,000 Sale price: $1,500,000 Entitlement land flip What made you interested in investing in this type of deal?

What made you interested in investing in this type of deal?

The other option is to find a lender that would take this deal up front I think?  

Those I know who've been successful in the Houston market usually are doing off-market deals. 

Otherwise, you'll likely never get the deal done. 

Review the contract for terms and procedure for default, if any are written.8- Keep a copy of their refusal to complete the work as Contractor Default, keep the final $5k as contractor default.9- Pay the new contractor to fish the job, let the Old contractor deal with trying to get the last 5k from small claims court, which they will likely fail to achieve.PS yes I blew past “what if permits are not signed off as complete” thats a PITA of its own thread.

I typically tell clients don't expect to close a deal from SEO in the first six months.

What made you interested in investing in this type of deal?