Start GC business?

[Larry Flanagan]

I've been kicking around the idea of starting a contracting business. I know lots of contractors make the move to flipping houses, but havent heard of many investors going down the GC route. Deals are tight in my market, not a ton of flipping opportunity right now. I like to market, so I dont think getting business would be much of a problem. I'm not starving, so I wouldnt be tempted to take difficult or low-profit jobs. I could do a lot more projects at once than I do now, and bigger projects too. And there is less market related risk than flipping (decrease in values, lemon house, changes in buyer financing, no debt, etc). Any input? How much $$ can good residential GCs realistically make?