I'm venturing out into flipping houses here in Midland, TX and I am looking for recommendations for good contractors in the area with experience renovating houses, especially good GC's that can manage an entire project.

Longer post on that process once the house projects are finished up. 

Once this project is complete, I may have a 2 family that will need extensive rehab as well.

He said no sale but that he would like to be an investor in my project.

My first project like this. 

I have done several projects in that past where I take a structured list of addresses and analyze them based on the robust data there.

Annual Expenses are projected for the property by multiplying (1) the actuals for the current year you obtain from the seller and (2) the project rate at which the expenses for the property will change year over year.Property Value can be obtained from your realtor or can calculate it based on the comps for the area. 

Some only accept accredited investors some also accept non-accredited but sophisticated investors for their deals.There are great webinars, podcasts and blogs on this exciting and much more scalable subject.

You can still have flipping project done with investment kf only 100k.

I also manage projects from a distance for work and feel confident in implementing similar strategies for the systems and resources required to remotely manage the properties correctly...but I'm still preparing for hard work.