So I feel 1% allows me to account for a little adjustment)Vacancy Rate = 11%Closing Costs = 2%Selling Costs = 6%Cleaning and Maintenance 0.8%Property Management = 11%Repairs = 8%CapEx = 12%Taxes = 1.2% (I tend to adjust this one frequently, but this is my default)Insurance = 0.5%Other Expenses = 0.1% (my flex money as a "just in case")Initial Renovation Costs = $500

I am a long time investor in central ohio and looking for a (flip contractor) beginning to endI own several homes that need extensive updating (older rentals) I am in a rural area and getting away from rentals and want to find a contractor I can work with on several projects I have always done my own work in years past  but other commitments have made it impossible to do complete rehabs by myselfAny info wood be appreciated Thanks

Usually an architect or good contractor knows as well.

Did you have a contractor look through the entire building or do you have a construction background as well?

I realize how swamped all GOOD contractors are right now, but any one they recommend for a short notice bid/work in S.

Do not do anything unusually b rbRight after you close on improved property get an insurance policy that will protect you if there is a loss.  

Bob, I have a great contact for a General Contractor in the Phoenix Area.  

I want get some advice as to how to find good contractors or general contractors, what kind of steps do I need to take to screen them, and what kind of questions I should ask? 

Closing costs: $3515 (3.5% down on FHA)Conventional 30 year @ 3.25%Income: Current rent: Lower 2BD $800 (rented MTM but I think I might be able to get $900)                     Upper 1BD $500 (I would occupy upper)Market Gross rents: $700-1200 2BDMonthly liabilities: Mortgage (P&I): $399Utilities: $150 Vacancy: $65 (5%) CapEx: $65 (5%) Insurance: $90 Repairs: $65 (5%) Property Management: Self managedProperty taxes: $408Total expenses: $1241Monthly cash flow~ $58.64/mo (Unless I can get $900 for rent then it would be ~$145/mo)My current rent is ~$500/mo with utilities.

I read that I might need a W9 filled out by each contractor?