Cost plus 20% sounds great on paper , But what you and the contractor consider costs can be a problem . 

This will be very hard to resist in the early stages of your career.

I read this on another post and it hits the nail on the head:"If everywhere you look people are making it sound easy, then you are looking in the wrong places.

It sounds like 600 sq ft is not feasible and while 800 might be tight, my architect said it's possible with variance approval.

A referral fee is a not a bad way to go since you have a lot lower risk and it sounds like you might need to learn more before taking on a project of this size, no offense intended.4.

Sounds like you'd be doing better than the 1% rule and could potentially have a small down payment.

Sounds crazy but those were my best times.

Sounds like he is somewhat successful, but it could be because of the amount of people paying $997 to sign up plus $97/month coaching fee (not sure if the cost is still the same from what was said 10 years ago) https://www.biggerpockets.com/...

That's a written warning to the tenant that includes notice they will be charged for the excess garbage and a reminder of the rules/policies/law.I don't know the whole story but it sounds like you're paying 12% for a 6% manager.

These deals sound good on the surface but are fraught with problems.