Any contractors doing their own flips?

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Hey everyone. I've been lurking this forum for some time now and have been learning so much. I'm a contractor skilled in all trades (jack of all, but a master of none). I've always wanted to flip/rehab a house, and since I started reading through this forum, I've been itching to find my first deal more and more. What I'd like to do is buy a distressed property, fix it up myself (with some helpers of course), and then sell for profit. I understand this will take more time than subbing out all the contracting work, but I love doing this type of work. So for the first few deals, I want to do it myself. That way, too, I will have a better idea of what to look out for, how to better price materials (which I think I already have a pretty good grasp on), how to manage/budget time, etc.

I haven't read anything here on BP about any contractors doing their own flips. Are there any of you out there? If so, any recommendations/tips for a newbie rehabber? Any benefits/drawbacks to share?