⚠️Key Mistakes to Avoid During Conversion⚠️

• DO NOT use just any General Contractor. Look for someone with experience and speak to their former clients. Cutting corners here means greater overall costs and headaches in the longer term.

• DO NOT forget to consult with your GC partners on permitting needs

• DO NOT forget to think about your layout and how it will impact pricing. For example, less people per bathroom is more valuable to a Member.

• DO NOT delay getting utilities set up and tested. This includes trash cans and wifi. 

• DO NOT forget to address last mile/punch list items. Have a handyman ready, or ensure that your GC understands that punch list items will need to be addressed at the end of the project. Consider a payment structure that helps incentivize quick resolution of these items (ie. withhold the last 10% of payment until final items are addressed and signed off).

• DO NOT take a hands off approach to managing your GC. Have frequent check-ins and visit the job site several times. 

• DO NOT forget to familiarize yourself with the listing requirements that need to be addressed during conversion