My full time job is a building maintenance engineer aka maintenance person.. 

The strategy can certainly make sense but I'd approach a civil engineer/architect upfront to see what you might be working with.

That dollar amount is based on specific needs/uses for those dollars, at that specific date".You plan should be based on "reverse engineering " from those goals (financial goals), backwards, defining each prerequisite along the way (also financial, but including strategies to be used, etc...), and developing a list of specific needs, which are based on your needs to fulfill each of the prerequisites (mini goals).  

To all you land developers out there, are you able to finance soft costs (civil engineering and architecture)? 

So we are no way experience at all.Here is the info:- 3 UNITS - 2BD/1BA - 1 UNIT - 1BD/1BA- GYM ON PROPERTY UNDER UNIT 1- SECURITY SYSTEM IN EACH UNIT WITH 3 OUTDOOR CAMERAS- POOL WITH LARGE PARTY DECK- STONE FIRE PIT- SOLID SURFACE COUNTERTOPS- ENGINEERED WOOD FLOORS- STAINLESS STEEL APPLIANCE PACKAGE-Potential Rent Calculated to be: $1,800, $2,700, and $2,800.As a noobie investor looking to get experience, I thought I would help my father move down and help run the property, find tenants, market, manage, etc. until I can systemize it and move back to Boston, MA (where we are currently located).

Much like car engines, a computer uses more energy during startup and shutdown than it does when it’s left to continuously run in a low-power state.

I am a Mechanical engineer by education but an investor/entrepreneur by choice.  

They didn't do any work, no security alarm installed, no rehab work.The horror story just goes on and on.Personally I don't think it's worth the trouble if you're a software engineer/CPA etc. in CA.

Once you have the land you can find a General Contractor that specializes in ground up single family in your area and get an all inclusive price from them - alternatively you can hire an architect and engineers to develop drawings then bid it out to GCs. 

Know the law, obey the law, treat people honestly and fairly.That will protect you far more than any LLC or insurance policy or attorney.these are great commandments to follow.. stuff can happen but so can a dual bird strike causing catastrophic engine failure and a landing in the HUDSON river.