Here in Oregon, if a person owns a parcel of land in the name of an LLC, and decides to build a spec house on that parcel, even if the person is a licensed GC in Oregon, you are required to have a Developers license too and carry a bond and insurance. 

I introduced them to our court system and my culture.My grandfather always said his word was his bond and it was, but he also said anyone whose word is really any good will be willing to back it up with his John Henry.

Take the advice of those who suggested that you get a licensed, bonded and insured mold remediaton specialist to do a complete and thorough inspectin even if it cost you a couple of grand for some rudimentary destructive inspection.

IN Orygun it is illegal to fix and flip without a GC license or a developers license and the subsequent insurance and bonds..

Make sure payment is on timeBe sure you do your due diligence before hiring, check references, licenses, bonds, etc. 

They are licensed and bonded.

Our vendors are all licensed, insured, bonded, and come with a 30-day warranty on their work.

Current market conditions (equities and bonds don't look good for 10 year returns) plus higher returns make real estate look like an obvious option if I just learn more and put in the work!

For me, each and every property I buy is unique with individual character and potential, not a stock certificate, annuity, or corporate bond.

I'm not saying it can't be done, only that it's good to understand what it is you are bringing to the table, and strengthen what is weak.