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Modified bitumen torch down is not an apprpriate material for this. It has a ten year life expectancy with maintanance. Epdm rubber roofing can last forty years with no maintainance.
How often did you say you want to redo this roof?
Does it also seem to you that $650 is way to cheap to be real? Also, the people who recommended just laying a new layer of rubber roofing said that since the roof is not used for anything, I don't need to spend the $$ to do the whole tapering thing. They also said $650 is too cheap.
Any feelings out there?
This guy might do a decent job but he is not enough of a businessman to allow for insurance costs or profit. That makes me question whether he will still be in business to fix any leaks in two years. So if he has good references maybe you want to check your homeowners policy in case he gets hurt on your property, and go ahead and take the gamble on him, banking the savings