House flip in East Bay vs buying rental properties out of state.

[John Choi]

I am a construction project manager working in Palo Alto area. I saved up some cash enough to do my first real estate project. Currently, I am thinking about buying and flipping a house in East Bay area using my connection and construction resources. Looking at the housing market, I was also thinking about buying rental properties out of state but am concerned about another downturn in the real estate market even if I bought a rental property at a reasonable location and would get 12% + cash flow.

I am still not sure which option will be the best fit for me: House flip in East Bay vs buying rental properties out of state.

Would you please share your experience and expertise if you have done any flip projects in East Bay?

Your comment is much appreciated.