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I recently bought into a brownstone co-op that needs a fair amount of work. Most immediately, there are multiple problems in the basement, including leaks, rotting joists, out-of-date electrical panels, and a bust hot-water heater. The work is going to require an electrician, a plumber, and some general labor.

Would you recommend hiring a contractor to get the whole thing done? Or should I find an electrician, a plumber, and a handyman separately? I imagine the contractor will be more expensive, since he has to pay the others and take a profit for himself. But it would be a lot easier if I could hire one guy to take care of the whole mess. Your thoughts please.