I'm not sure what their split is.Starting out you'll have to be extra cautious since you may not know how this contractor performs.

If the borrower performs, we will negotiate a modification.  

Basically, I've had the initial conversation with them, asked about their houses condition, and the majority of these leads are folks who want retail for their house that's in need of extensive repairs.

I performed an electronic leak search and found the air handler evaporator coil leaking.

.   :-)I usually perform my own renovations and snake my own toilets if possible.  

I'm not sure if it's because they have so much volume that they can't keep up with it or they're just disorganized but I had to fire both of them which resulted in nothing but a waste of a couple months and I'm not a demanding client by any stretch.  

If you have a SFR in Florida / Texas - do you perform pest control maintenance ?

Try to set it up for 1 year with a extension clause to give you some time for your exit strategy just in case.

I don't want to over stretch myself.

One 6-month extension is allowed, under the same terms (another 50% fee).