Plan is to purchase a couple homes over the next year.

Even trusting a brand new GC who's licensed/"qualified" is a risk from out of state, let alone out of country.

They wear like iron and still look great after 7 years of vacation rental use.Remember, you don't need to buy brand new.

My first multifamily purchase was my 34th acquisition and my first multifamily syndication was my 103rd acquisition (and wasn't my second multifamily purchase, either).

They are running a personal brand, and I would rather donate my money to a good cause than their next mountain home. 

I figured I would use HM for the purchase and DADU build.

Just the different brand name lowers the cost dramatically!

Newly built (2024) duplex in Boiling Springs, SC. List price: 445,000.DP: 89,000
Closing: 8900
Total Invest: 97,900
Projected mortgage: 2500
Rent: 1700 per unit, 3400 total
Taxes: 42
Insur: 263
CapEx: 100Repair...

Here’s a breakdown of the key elements you should include in your subcontractor agreement:Subcontractor’s Information:Full legal name of the subcontractor or company.Contact details (address, phone, email, etc.).Project Information:Internal Project ID or Purchase Order Number (if applicable).Project address.Clear identification of the specific scope they’re responsible for (e.g., electrical, plumbing).Project Timeline:Start Date: For the portion of work they are completing.Completion Date: Set realistic deadlines for their tasks, adjusted to your overall project schedule.Liquidated Damages:Specify a daily amount to be deducted from their final payment if they fail to meet deadlines (with exceptions for factors beyond their control, like severe weather).

Im looking at purchasing a duplex in middletown, Ohio.