If your W2 is your only means of financial security, you are standing on a very rickety bridge. 

No, that's not how hard money works, that's where the traditional banks play.You are looking for a bridge loan essentially, something that will bridge your project to traditional financing.Bridge Plus from Lima One Capital as a for instanceThe spirit of the BRRRR is two loans:Take your hard money to do your rehab, they will finance a portion of your repairs as well.

I am curious why new homes are much cheaper in comparison with other neighborhoods that are much farther east from the bridge (such as Walnut Creek or Dublin or Pleasanton).

You would look for a construction bridge loan.Consider approaching a community banks that knows the market.

Other than that, their interest rates are competitive and points aren't too bad and no other hidden/junk fees.For my next rehab I'm going to use Iron Bridge Lending based out of Portland, OR.

@Jeff Bridges, @Colleen McCann, @Scott Shuster, @Jim K., @Marshall Easlick: Thanks for the great advice.

I'm hoping to bridge my theoretical and macro-level knowledge with the real colour and nuance that comes from being a hand's on and active investor and owner. 

My question is are you looking for a bridge loan? 

A lot of my rental investors use Sherman Bridge Lending, they offer a good refinance program and competitive rates.

Sometimes there are older bridges that need to be crossed to reach the final destination that cannot carry the weight.Generally there are special permits needed to move the house and only a certain time allowed to do it on the streets.