Please do your due diligence and call reputable property management company and contractors  as a second set of eye.  

Walked through with a contractor and received a bid for $10,000, all parts/labor. 

I've estimated from realtors and contractors that it'll take $8.5k plus a Murphy bed to command rents in around $1.3k.I'm looking to fix it in mode of the Houston micro condos in that area.  

Enjoy your journey! 

For those that do/did self manage, how did you find local contractors in your area to take care of various issues with your properties?

But if you can get all of your money out or more than I would take it and put it into another deal, plus enjoy the cash flow.

I can do or have connections in Pluming, electrical, drywall, paint, etc. ( Jack of all master of none) as I worked for my uncle a top general contractor in the city of Glendora, and I have experience.

I am a Independent contractor. 

All the major items will need to be handled by licensed contractors or technicians so I do not see saving any money if I did a price reduction and handled it myself after closing. 

But good point they’re probably going to do it regardless if it’s in the contract or not.