I am a contractor and we live in a great neighborhood so the house would be a great investment if we can purchase at the right price. as it sits the house is prob worth 100-150k.

I can come up with money for flips and have a contractor I have been talking to for the work.

My partners & I are flipping in Chattanooga so I hung out there for a couple of days, meeting my contractor and agent for the first time; of course I went by and took at our flip. 

No, none of my contractors were labeled/considered to be corporations.

Finding an agent, finding contractors, overseeing repairs, finding a property manager, finding tenants, etc.

And if they are a hobbyist/part-time builder, then they should engage the proper professionals, i.e. a title officer, civil engineer, architect, contractor et al to assist in reviewing the project's feasibility.

Build a team with local contractors and use property management software.

Currently I have xxx units in my portfolio and am excited about this new property I have under contract (or am considering making an offer on).

The requirement was a non refundable 30% down in 30 days without a contract or time line for construction.

I'm fairly handy and have good contractor connections.