I am not implying that they do not deserve the compensation. 

Does the flipper not deserve to be compensated for the effort and risk? 

If you are happy with your "Estimate" and still OK with the "High" estimate then its probably a good deal because likely everything won't go to a worst case scenario and also if you apply project management principles you can adjust the time or scope of work to try to compensate for many unexpected things that could come up.

If you're going to hire a PM, how will he be compensated?  

Due to a lack of relevant jobs in this industry/area and the industry having an unfortunate standard of severely overworking and under compensating employees, I'm considering pivoting and pursuing a different career path for a time, especially as I studied business in college. 

@Ellie Narie - I humbly recommend checking out the BP pod with Zeona McIntyre... she compensated her head cleaner by letting her occupy a room.

If you’re worried about the cost of labor, it would seem to me like you need to adjust your numbers to compensate instead of trying to save money on the back end.

This puts them inside the company, perhaps like a birddog and who recieves compensation within the company, not outside where fees would othersie be on a HUD-1 for example.

I've been trying to understand the American landscape more generally to compensate for this.

That will change next year but at least increasing job income and rent rates will compensate a little.