Bid the job with no margin or walk away after 3 bad payers?
Lost $14k on a Reno in Phoenix last year because I took a job from a guy who paid slow, then got stiffed on the final draw, so now I'm wondering if anyone else just walks from low-margin work when the client gives off bad vibes from the start?
Been there, done that, got the empty wallet to prove it. What worked for me was running new clients through a quick gut check before I even send a bid, like do they dodge talking about the payment schedule or get weird when I ask for a deposit up front. If something feels off, I just say my schedule is full and move on, because a job with no margin plus a slow payer is really just me paying them to work. I've walked from three jobs like that in the last two years and not once did I regret it. The money I didn't lose was worth way more than the work I didn't get.