Look at it this way ,  if your friend didnt exist , you would be paying a contractor .

@Benjamin PiferHello, to my knowledge there is no restriction on this as long as the construction was performed by a licensed general contractor and followed building codes/permits. 

Hello BP,I have a contractor client that wants to start flipping houses.

Okay, full transparency...I am biased...As a 30 year broker, licensed General Contractor, owner of a property management firm, and the owner of 16 investment properties, I think self-managing to save property management fees isn't worth the hassle, learning curve cost or the liability and risk. 

My contractors grab material at will and use text2pay.

Greetings,I am looking for honest and reliable contractors in the Highland  County area.

I received a barrage of outrageous quotes from contractors admitting to not knowing how to deal with my type of basement (a Michigan Basement).

Gosh...I have to say I am really enjoying (getting tuned up by) this BP forum.My conversion will only be around 500,000. 

I would just get a realtor, property manager and contractor involved.

The best way is to check with an electrical contractor to see what's required.