You have to be an active manager and many current owners are not wanting a second job and are selling.

Also, running a flip with no money and hoping you get a good return with all the other stuff going on in the background starts to add stress, and you end up not enjoying it.

I could complete the main road in phases, build 2-3 at a time (could do more really as we have 15 right now actively being built but realistically not sure how fast it’ll sell.

What ROI do you need to justify the liability and active nature of owning a rental property?

If you’re active in California real estate or looking to break into the market, you’ve probably heard about Senate Bill 9 (SB 9).

Hi,I am active real estate investor.

For Livermore, the activity is slower compared to the general Bay Area so you would need to be more cautious on picking the right property to flip, and the margin has to be large enough for it to make sense.

To leverage the STR loophole, ensure active participation in managing the property.

In the meantime though, I'd try to just actively build your platform here on Bigger Pockets and just casually connect with people. 

Buying an out of state rental property from a realtor, wholesaler or off facebook or zillow etc as opposed to from an operation or turnkey provider who has an active, substancial, and effective boots on the ground team or teams to support you after you close on the sale.