It is best that you have a system where the contractor signs a daily logbook, that will help a lot of compliance requirements or litigations, particularly with payments too.If they bring somebody and accidents happen, its their cargo (hence, if you are the GC, you are the boss, same goes for sub), be sure to put your caution tapes, or its going to be a grey area.

I guess it just concerns me to count on refinancing as a necessity to cash flow properly and maintain equity in case of unexpected drop.With the flip, The numbers are too thin for me where they're at.

Looks like it was a great success even with the unexpected issues to overcome.  

This is what makes investing such a fund time ::sarcasm:: but truly these same issues are what keeps people out of this investing arena.But i think this is why you have to plan as much as you can for the unexpected, repairs, maintenance and unforseen expenses have to be part of your analysis.  

You hired a contractor who doesn't know what he's doing, or forgot to include something important and will come to you with a change order/increase request when he realizes.3.Your signed contract needs to include a complete scope of work, and a predetermined rate for unexpected but needed extra work. i.e.

Even lenders that agents and brokers have had good luck with in the past will sometimes come up with unexpected demands.

I was hoping to save this year's and next years contributions, and other things I could roll over to cover anything unexpected, and stay a bit diversified.I would need non-recourse loan of around 10k.

I'm just going to pay this and not even tell the tenant, as it's only $30.But I just thought I'd share about a completely unexpected utility that pops up 8 months after purchase.

Curious, how would you handle it if some unexpected foundation repair came up?

This was frustrating, and while there's the possibility someone did it on accident, it seems very suspicious.I imagine there are probably no consequences for unethical behavior like this.