I would check with your CPA just to confirm all this! 

Most good Contrs will even be able to handle this as they will have accounts at the big box stores and cabinet shops, In these cases you should feel comfortable giving out an amount close to what he will be spending to buy your new cabinets....just get a receipt and take pictures of the check, etcBut other than cases like this, a Contr should be paid for a particular trade when it is complete (and if applicable, has passed inspection) I.E.

Their background checks came out clean.

Unfortunately I won’t be in on Tuesday but I’ll check out the group you sent.Do you fix and flip in the area? 

If you close in your name and transfer the deed after it is a SALE this can trigger the lender to call the loan, you can't get insurance to match the note and they check.

First, check out what people want and what others are charging in your area.

There are county websites that show specific insurance, water and permit guidelines that are very particular to the area (check if the area has "Flood Zone X").

Fill in the foundation below.Check out the Start Here page http://www.biggerpockets.com/starthere Check out BiggerPockets Ultimate Beginner's Guide - A fantastic free book that walks through many of the key topics of real estate investing.Check out the free BiggerPockets Podcast - A weekly podcast with interviews and a ton of great advice.

I'd start here, sometimes these hosts may have content to check out or recommendations.

@Henry Clark The tax returns are just made through the holding company LLC with the S-Corp attached for those tax purposes which would never be closed, one operating account is all I need for the funds to come into and those funds would funnel from only the holding company with the S-Corp attached while all funds are processed out from their own LLC into the holding company, I have a single credit card for all business expenses that would be connected to the operating account aka my business checking, the insurance policies can only cover a single property at a time anyways so no going around that.Otherwise, if I can get around doing it this way and just have a single LLC to cover all of the properties I flip throughout the year then by all means I am up for saving some money but only if there is not a big chance that I can run into problems down the road with your suggested plan of attack.Let me know your thoughts on that because trust me I would much rather have it be as simple as possible