I’d recommend reaching out to see if any of them can offer a package deal for the sewer scopes you need.

So, scope out the competition on #1 & #2 above to understand what the rental or sale market expects.- You will lose money if you go overboard!

Here’s a breakdown of the key elements you should include in your subcontractor agreement:Subcontractor’s Information:Full legal name of the subcontractor or company.Contact details (address, phone, email, etc.).Project Information:Internal Project ID or Purchase Order Number (if applicable).Project address.Clear identification of the specific scope they’re responsible for (e.g., electrical, plumbing).Project Timeline:Start Date: For the portion of work they are completing.Completion Date: Set realistic deadlines for their tasks, adjusted to your overall project schedule.Liquidated Damages:Specify a daily amount to be deducted from their final payment if they fail to meet deadlines (with exceptions for factors beyond their control, like severe weather).

To get the best results, I recommend preparing a detailed scope of work before they visit.

Does anyone have an example of what a contract should look like and the details in the scope of work?

Hey Ursula, I don't think breaking down the cost is more important than detailing the SOW(scope of work).

It’s certainly going to be more expensive than if it was done right the first time but this can’t be a big deal in the scope of a full gut.

This ensures you can provide them with a clear and accurate scope of work.

Will be two different Scopes Of Work (SOW).How will you find, vett and manage contractors remotely? 

Contractors, unless you have a working relationship with them, normally do not want you bouncing ideas off them.Understand what their hourly rate is, have a discussion with them that you are okay with paying them an hourly rate if they walk the property with you and provide you a scope of work along with an explanation of what you can/can't get away with in regards to improvements.ask them if you go with them, if they can credit you the amount that you paid.Once you develop a working relationship with a few contractors, you can bounce ideas off them and expect quality responses.I do not invest in New York.Best of luck.