You're going to need to get your license(s), you'll need to carry liability and workman's comp insurance (which gets VERY expensive) and you'll likely need to be bonded in whatever jurisdictions you work.Not to mention all the business setup, licenses and accounting issues.Not saying it's a bad move (my GC -- Aaron McGinnis from BP -- is a big-time investor and runs a GC firm), but he'd likely tell you that it adds a LOT of complexity and overhead that will make learning to be a rehabber even more daunting.

The judge set her bond at $2,500.

Reducing all agreements to writing.You'll find you'll have other expenses in that SBA, bond underwriting, could have bank's attorney fees, etc. so I wouldn't say you should be banking on much left.

Here, the requirements are some rather expensive bonds, insurance, possibly more insurance... plus letters saying that you've been responsible for at least 2 permitted jobs.

I suggest you make the offer that you think would make it a good deal for you and in order to strengthen your offer price you can provide the agent with comps that will justify your price.

If at all possible, preserve the existing column and strengthen it, move the duct off to one side and sister the columns on both sides, if it has settled, slowly jack up back to level - slowly here means like 1/8" or 1/4" every few days - look into structural epoxy systems as well.If you are not sure, consult an engineer.

Check their license (most states have Contractor Licensing Boards where you can check the status of a license, see if they are current, any complaints, and whether their bond is current) If you go look at my license it shows when it expires, who holds my bond, if I have workmans comp (I don't, we sub everything out), etc. 2.

Whats the scope of work he is licensed and bonded.

The bank also requires the contractor you hire to be properly licensed, insured, and bonded.

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