The renovations to get 4th unit complete will be about 35K all in, but a general contractor quoted me at 78K, since I managed all contractors myself we saved alot of money.

If a few contractors quote you lets say 50k do you budget for anything over that for any overages?

If it needs refinishing do it yourself or hire a contractor.

There is a real disconnect between investors and general contractors.

Think of it as salvation army for construction materials, many items are new/surplus from contractors who donate for the tax write-off.

I requested that I was willing to pay $700K and that I get a check for $13K to a contractor for the repairs at closing.

On the final check, which was a tiny amount for a bit of supplement, OCWEN said they wanted me to sign the check and they would pay contractors directly. 

Also vet, vet,vet, and vet some more your contractors.

Then at the close of business on the 1st they would tape a note over the drop box stating that rent was now late and that only certified funds in the amount of rent+water+filing/legal fees would be accepted.

Any tips for first time flipping if better to sub contract or hire contractor...