Paying a property management fee to the GP if they are actually managing the property is standard since they are providing the service. 

The culture there supports a high standard of work ethic and the Latin family support system educating then young people with trade skills (you wont see family units teaching trade skills in Cedar Park or any other hipster location).

Fear based decisions were the only decisions allowed and that mentality still sticks with me today whether I like it or not.Through college I started looking into flipping houses, buying storage facilities, etc... but never pursued it due to the lack of certainty and the risk involved. 

Buy the land, develop it into half acre parcels and having standards for growing food and raising animals for food with a butcher station on the property and a bartering style farmers' market where tenants can sell to the public and barter with each other or sell to each other.These are very early stage thoughts.  

Is there any standard practice to break TCC something like      Site preparation and other works 4-6%,            Service works 14-19%,        Finishing works 20-25%,       Civil works 50-55%,            Consultation charges 3-5% of Total Construction Cost estimations?

This house sounds like it wouldn't fit easily into a standard cash buyer's portfolio - since other homes would be easier to upgrade and sell.

@Matt Porter That seems pretty reasonable / standard from my experience.

What is a good number considered as an industry standard?

Is this a standard clause for PMs?

D C and some B its suicide. hire agent to vette and place tenant for their standard fee.have a very good handyman on speed dial..