Add insurance, bonding, employees, PEO, equipment as you scale up slow & steady.

, Are they bonded & carry E&O insurance in the name of the actual exchange company?

On large jobs a performance bond could be required by the customer , but this cost will be added to the contract by the contractor .  

@James Wise To extend on James' suggestion, check to see what sort of bond or grant programs are available to people in your situation.

If you purchased one of these courses from anyone out there and you don't want it sale it I do or I use it for  bond fire if need be ( look guys its not that hard to do this you just need to line your self with some great people and find some lenders to fund these projects and build ( Now I will tell you this and i don't care what others say if you purchase SFR and hold for long term if you don't cash flow over $300 a month on each house your broke my friend And I can prove it.

Contact bail bonds business to explain a referral incentive planI have 100 ideas to long to list....For now since my budget is low, I do something I call "cash for fitness" which means that I go to my farming areas to:walk for dollars,run for dollarsbike for dollarsIf I see a prospect I take a pic. with an app that will record the address and a later search it.  

The city is paying off a debt obligation on the Water Street project, that now has to be approaching $20M in outstanding bond debt.If you're thinking Ypsilanti I'd go student rental.

I wouldn't want to turn around and buy something at the same lofty heights when I sold seeing that that's the basis for selling to some extent.I'd probably rent something and feel out the market, maybe invest the cash in stocks/bonds/etc. 

Does any know of an excellent bonded and licensed GC in the Chicagoland area that they could refer??

Hi Tushar,Welcome to BP.There are generally no completely "safe bets" in real estate, and definitely not in Detroit.I suggest you do a search for Detroit in the forums and learn as much as you can.Detroit is a very difficult and dangerous market to do long distance.If you are looking for "safe bets" buy government bonds.