It is important when renovating a home to bear in mind that there is a big difference between a loose plan and a final certainty. You may have actually ideas about what the home is going to look like and how much money it is going to make you, however those ideas can only become reality along with a lot of work. Dont get carried away by the seemingly foolproof nature of your plans.
You need to always make sure that you comparison shop every decision you make. You may need to pay builders and other workmen to do the renovation work. You need to consult as lots of different companies as you can before contracting one to do the job check them for references and price. Do the same for materials and for any other service that will be required.
It can be tempting to walk away from a development, even temporarily, because you have actually just reached a point where every decision is difficult and you are second-guessing yourself on everything. You may just want to give up. At these times, you need to show steely reserve and keep in mind that time is fairly nearly equal to money.
Finally, you need to always be ready to take the opinions of others on board. By going along with your own gut on every decision you make it is possible to develop tunnel vision. You dont have actually to run every decision by somebody and agree along with all of their points, however it can be useful to ensure that you are looking at the plan from a more detached angle as this is what potential purchasers will be doing