I've spoken to a lot of people on here and in person that started by getting into homes they could live in to cut down on their living expenses, get FHA financing and lower the pressure on selling the property.

My primary concern, is that we'll be walking the property with the adjuster soon, and I feel pressure to have a contractor in place by then or I may lose out on some negotiating power.My question for the community, is in these circumstances should I be bothering to bid this out to multiple contractors to try and find the cheapest guy?

The only thing I've ever wanted to do with my life was to become a full time real estate investor and agent, but I failed - and with the pressures of friends and family around me telling me to give up, I did just that.However after my accident, I've come to a realization that I should NEVER give up on my dreams.

Things like ordering the dumpster, doing demo, getting materials on site, etc are things you could potentially do yourself and possibly afford you the ability to get out ahead of your draws so you do not feel as much pressure coming out of your pocket.  

Come to find out there was also a water restrictor on the water line severely impacting the water pressure to the house(one faucet could run at a time).

After much complaining and public pressure the DA finally looked into the case.

If not there are high pressure salesmen trying to sell in bad areas (Buffalo, Detroit) to the unsuspecting, claiming enormous returns on investment with no work involved.

sometimes people leave water running if they go out of town during the winter to prevent frozen pipes...is it possible they thought they were doing you a favor, but left the pressure too high which accidentally led to this water bill??

Turn off the water to house, open valve to release pressure and replace with a shark bite compression fitting valve, cap it off or some other sort of replacement depending on what type of water lines they are.

Bad training will be high-pressured sales tactics, good training would be educating buyers on how much it would take for the investor to rehab their home and that the investor needs to get paid for their efforts as well.