This should be based on a scope of work and partial payment following completion and sign-off on specific tasks.Never pay up front money with a contractor you have't successfully worked with numerous times before, and even then, upfront costs would be limited to material and permitting required to start the project.

We have done these cost seg studies...we started with the first one...and it was worth it for the tax savings for sure....since then, we have done numerous ones!

We have also completed numerous deals where we didn't have any money in the property after refinancing (BRRRR strategy). 

I'm not the most familiar with the Triangle Area but there's a few places I wouldn't be looking. 

Not dogs, not cats, not iquanas, not snakes...In spite of the fact I have run into numerous pets with bad attitudes or manners, I have NEVER met a pet owner that was aware of those traits.First off, you MUST check your local landlord and tenant codes.

If it will need rehab before it can be leased out and if the other option was using a hard money lender then yes, you can save on all the numerous fees associated with a hard money loan.  

I found the deal through a local real estate agent after being rejected numerous times by banks.

The government encourages property developers and owners to invest in these types of projects by offering numerous tax credits and incentives.

There are numerous questions to address in this situation.

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