Pros
Freedom. You are your own boss in a way. It is fun to interact with people and communities. You set the hours. Initially it sounds like a great opportunity......
Cons
You will be working for BVM to make most of the money unless you sell a large amount of ads. Be prepared of working for free for a year or longer. If you are lucky to go to print it will take a while before you will make a decent living. Potential of income is limited as if you grow the publication the baseline increases too. If the magazine is well received you will be able to carry on after one year. If not you will have to start all over. The Company is very unorganized and they feed you a bunch of lies about their printing and operational costs which is noy as high as they claim to be.