Let me explain that better, imagine your rehab is $100k, you would need to do part of the rehab, maybe $10k, and then you can get the funds for those first $10k reimbursed so you can keep progressing with the rehab.Given your experience, I would recommend you start with a moderate or light rehab, mostly cosmetic work so that you can do it yourself and won't get your profit decreased by hiring third parties.

I have been extremely satisfied with the way all the deals have progressed so far.  

I believe in progress based on solid fundamentals and experience.

Keep progressing forward, while narrowing down your asset type considerations, market, and your other macros.

They stressed that while new developments are welcome, existing issues must be addressed.The meeting underscored the need for a balanced approach that tackles growth and current challenges as southeast Bakersfield progresses toward revitalization.

Looking forward to hearing more about your progress!

Congrats on saving up that's an amazing start.I would suggest holding off on flipping if you don't want to do it near you, although with $250k, you probably could find something even in California that you could flip, we hear horror stories from our clients all the time of how they hired a contractor but were not able to watch progress and fly in 2 months later to see almost no work done and most of the money spent.  

Definitely not a town I'd call growing or in the path of progress. 

A great realtor will bring you value in so many more ways than negotiating price on a new build, especially if you are not there to see progress every week or two. 

Curious if you've made any progress and/or would like to discuss.