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A comprehensive scope of work is the essential blueprint that prevents budget overruns and project delays in house flipping, functioning as your insurance policy against chaos and surprise expenses.

• Scope of work lists every component you'll fix, upgrade or replace before work begins
• Your budget and scope of work are married - without detailed scope, your budget is just a guess
• Missing critical evaluations like electrical panels can cost thousands in unexpected expenses
• Walking properties systematically forces you to examine all 25 major components
• Vague contractor instructions ("update the kitchen") can lead to $10,000+ budget overruns
• Without a scope, six-week projects drag into months while holding costs eat profits
• Create your scope before closing by using a component-by-component, room-by-room checklist
• Beginners should start with light rehabs (paint, flooring, fixtures) for simpler scopes
• Detailed scopes allow for true apples-to-apples comparison between contractor bids
• A written scope eliminates arguments about what was supposed to be done

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