Hi Doug, I’m a newbie investor and I listen to Robin Thompson’s teaching CD’s, she is a rehab queen out of Ocala, FL she recommends independent contractors, electrical, plumbing, painter, roofing etc,  the GC can be contracted for Sheet rock, flooring , dry wall etc, better protection for the investor to ensure timely completion of work with cost over runs

I guess I would check with your lender to ensure you fully understand how the payoff works @Heather U.. 

We won't be overpaying and most definitely will be keeping in close contact with our financing partners to ensure those options are available at the rates we expect on the back end.

For the partnership I absolutely consulted with an attorney to help set it up, and I also had an accountant and a bookkeeper to ensure that the finances were all tracked appropriately.

However, at this time, ensuring that the portfolios are strongly positioned to weather even the most severe downturn is the prudent decision.We are aware of the fact that this may be a difficult time for some of our investors and want to reiterate that this was not a decision we have taken lightly.

I want to scale efficiently but also quickly at the same time.

I've tried the various calculators but want to ensure that how I'm breaking this down makes sense.

Once you do one sale it is easy to ensure trust.

I appreciate that a mistake was made but his mistake if left uncontested ensures that he gets paid on your loan - at your expense.Hope this helps...  

This ensures your projects are done timely and flips do not get drug out costing you more in holding costs!