Your profit margin will vary greatly between investor / person / local market.

My direct serious response to your question is Almond Joy bars.  

No way I could turn a profit using a PM.

Profits Through Financing StrategiesAlthough most investors (including myself!)

Cheap does not always equal good/profitable.

The investors who stay profitable are the ones who adapt their system instead of hoping prices come back down.Here’s how we protect our margins even when rehab costs keep rising:1.

LOTS of experienced flippers busting their hard money loans, so that will kill your profits quickly if you pay another origination fee and all your holding costs.

Honestly- with that volume and the profit you should make from 24 flips, $72K isn't enough.With that many projects, I wouldn't want to rely on a 1099, I want an employee that I can actually require duties and timelines of. 

The GC is getting a screaming deal here if he gets some of your profit for... doing his job.

These few metrics tell you whether a hotel is just busy… or actually making money.Here’s a simple breakdown below without the industry fluff.P&L (Profit & Loss Statement) This is the financial report that shows what a hotel brings in, what it spends, and what’s left over.It includes:Room revenue and other income (food, parking, events, etc.)Operating costs (management, maintenance, utilities, insurance, marketing, taxes)Net Operating Income (NOI)Debt paymentsFinal cash flow to the investorIf you only remember one thing: NOI = Income – Operating Expenses.