How much is this 'fixed & discounted' fee for an app? Just to stir your offer: there are several outsourcing shops at $6-$10 (USD)/hour, full payment on delivery, proven experience. Can you offer the same?
And this is exactly the kind of customer you get when you offer cheap work. You'll probably regret this. Make sure you have a rock solid contract. My advice: If you want to develop an app, JFDI.
I understand where you're coming from. I've contracted long enough to have had my share of nightmare projects - late payments, feature creep, poorly planned specs etc. I think I'm getting good at sensing which projects should set my alarm bells ringing.
Unfortunately my free time gets in the way of JFDI so I thought this was the best way to kill two birds with one stone.
I can't afford to compete with those hourly rates or the payment terms.
I'm based in the UK so as well as cost of living, I have to factor the strength of Sterling into my hourly rate as well when dealing with international clients.
My strength is communication and understanding of your requirements so I'm targeting a different type of client; perhaps putting bargain basement in the title was misleading?