Freelancing problems

I’ve been looking for some freelancing work – mostly doing websites and stuff. I have had two friends approach me about it. One I’ve already gave some mockup designs and he has yet to get back to me. The other is kinda giving me some problems.

He wants everything cheap without putting into consideration labour costs. Then he wants it nice (read: flash). Not only that, I would also have to get hosting and a domain. Its hard to work with someone like that so I just gave him a quotation and just wait and see. I’m not putting too much hope on it though.