I would like to get all the knowledge I can and see in many different perspective on how you started and any tips that I could use.

Do you have to work at an office and are the hours strict?

To be honest, this sounds like a scenario that would be very difficult to start off with.

I'm excited to get started on this project and I'm confident that I can do a successful flip with the right team of people around me.

Hi David - congrats on getting started with flipping in the California market.

REI is just starting to bleed.

I'm very involved with Lifestyles Unlimited, but will try to answer your questions.Let's start with what does it mean to be a passive investor.  

Go to the CSLB website and much is outlined there.1 Lots of businesses including construction companies shoot for 20-25%, the higher the margin with increased volume=$.2 Most B1's that I know started as framers, some in concrete, some from underground construction.

So just an FYI regarding bacteria and viruses on bedding, most don't survive much longer than an hour.

Better to start initially with a PM and when you have more time and knowledge after a few years see if you can self manage