If you want a 'as you go' type of a payment, then break down the tasks to something like, depending on your tasks:demo complete XX$rough electrical and plumbing signed off by building inspector XX$drywall complete, building inspector sign off  XX$paint complete, cabinets installed, BI sign off  XX$final plumbing /electrical BI sign off  XX$final BI sign off on entire project, permit closed  XX$punch list complete, final payment, if done by XX date, $ XX bonus.Just FYI, I work a lot with a specific GC and actually pay him his cost plus 15%, but I also know that they get a good price, not milking it to get more off the 15%. 

The areas I'm focusing on right now are Indianapolis IN and Kansas City MO.

I was planning on replacing the cabinets and remove the wood paneling anyways so it doesn't seem like such a huge deal, but the home inspector said that there appears to be some black mold in the back wall of the addition (garage conversion). 

Perhaps a nice 1950's built bungalow.Always hire a 3rd party property inspector to give you an unbiased feel for the home.

Indianapolis 

I'd recommend hiring a general inspector to inspect the property (in my market it costs about $400 for a top-tier inspector to do a full-nelly inspection, and that's peanuts compared to what it's saved me on different deals). 

Why do they recommend the (lawyer, lender, inspector, etc) they recommend.

We're currently looking for C class properties with a value add in Salt Lake City, Cincinnati, Austin, Indianapolis, Charlotte, and DFW. 

My question is how did your appraiser find this and your inspector not find it? 

I'm a newbie wholesaler in the Indianapolis area and I just need a couple suggestions on what title company should I work with when handling my escrow account ?