I am an electrical designer and I have my LEED Green Associate Credential from USGBC.

There are no water lines or electricity on it currently, nor pond on it or fence around it.

BP,I need the services of a licensed general contractor in RTP, NC.

The contractor said that he won't need to put crushed rocks because the ground is pretty compact from years of parked cars on the driveway.my questions are:1) is this a fair quote?

Congrats Jodi,Sounds like you got a deal and times it right Hillary ,I’ve been listening ok’ing at flood deals for a while now , from the deals that came my way the wholesalers are looking for 60-50% of the ARV , that doesn’t leave you much room for error , market correction or stigma of a flood home even in a good area .Take off 10% for commissions, legal  & closing on sale , you are looking at best a 12/20% return on investment .Now imagine if the mold situation comes or contractor goes over budget , you may be stuck holding a wet bag If your plan is a rental than at least you have a plan B in place For the best upside of 20% I’d stay clear Of course if you can purchase at 35/45 From ARV that may be worth considering IMO the Flooded homes are going to be in the market for a while - based on the fact many owners are just hanging on and not paying mortgages .

PM me if you need any contacts for lenders, attorneys or contractors.

I spent two summers painting houses and apartments and gutting houses so I am experienced and confident in that aspect, I believe that myself (maybe along with some friends) can do everything that a rehab would need but some in depth electric work.

On our rehabs the most time intensive stuff is the rehab (we are licensed contractors and do everything in house), if you already have a contracting company that will do it soup to nuts, then why not?

Hey,I am currently seeking for a trustworthy, experienced and investor-friendly general contractor in Miami, FL.

Come on down and network with a few dozen investors, realtors, and/or contractors. https://www.biggerpockets.com/forums/521/topics/54...