In August 2018 an Oakland City Inspector told me to my face that the electrical wiring was hazardous and unsafe for habitation, at which point I called lawyers, the CSLB and my 203k consultants, and started the process of firing the SOB once and for all.

Building is expensive and the time factor of waiting for the inspectors when you GC yourself is tougher. 

I would worry about the inherited tenants too.If it were me I would want an extension and get help from my accountant, read every lease, scrutinize the financials, make sure there are no outstandings, and get a professional inspector.

For example, when the foundation is poured they get XX, when the framing is approved by the building inspector he gets XX, when rough electrical is approved by the building inspector he gets XX,  when the drywall is complete he gets XX, kitchen cabinets are done he gets XX, and so on. 

Hello everyone.Looking to network with potential team members and would appreciate references for real estate agents, attorneys, accountants, title companies, general contractors, insurance brokers, lenders, home inspectors, and/or property managers. 

:Just do it the CO monitor is like $30, plus I believe code is a CO monitor on every floor it would make sense that you would need it if people are going to be living in this "other unit"So, essentially, I just need to make sure the building is within the guidelines of the city ordinances, add a monitor, get an inspector to come out, and move in?

and hire a good inspector.

Get every property inspected and hire an inspector who is willing to go on the roof AND in the basement crawl space no matter what!!

You also do need enough left at all times to pay someone else to finish it.Maybe consider a middle ground like $2k a week and a schedule of what is to be accomplished each week for him to get the $2k, then the last $2k when the job is complete, signed off by the building inspector if permitted, otherwise acceptable to you.

I ended up negotiating a separate escrow agreement with the Seller's attorney in which the Seller fixed the roof and the water damage to the attic to the Buyer's satisfaction (inspected by Buyer's home inspector) and therefore Buyer paid the originally negotiated price - but, my Buyer client was pretty close to walking away.I framed it quite simply - that Seller had failed to act in good faith in failing to disclose the leak and that Buyer was going to cancel the transaction if Seller did not fix the problem.Sorry to hear about the issues.In light of the broker acting in a dual capacity, I am glad to hear that you have an attorney representing your best interests in this transaction.