Howdy @Tuan DangFind out from an experienced realtor what they think the market value will look like after the recovery.  

It could be I am experiencing analysis paralysis a little, because even thru this amount of knowledge I have gained, I am still balking at actually starting.

I reviewed what made them similar, what stands out and how much traffic are they getting based on keywords and pay-per-click campaigns.

A foundational model based on a strong market (jobs/population exceeding averages and projected to continue), conservative deal assumptions / modeling (rents, occupancy) and an experienced team should weather downturns. 

We are experienced and located in Southern California, so we could remotely manage the project and come up every few weeks.Referrals to experienced general contractors & subs in the area would be greatly appreciated!

If you are buying the property for first time time, its good to be represented by an experienced realtor. 

Is this an easy fix or is this something that could get pricey the issue he has is the 2x4's supporting the roof. any input from experienced carpenters is much appreciated. my dad has incredibly high standards for things so i am trying to get a second opinion.

By no means, I consider myself experienced enough tell you I can help with whatever you may need, but I know enough to be of some help.

Tonight is a holiday but I will review all the details of our Florida real estate contracts as I know there is a section that discusses cooperation from seller with closing out of permits, liens, etc

Based on my review of CA Agency Law, that is how this must be done.