However; many of those are condos, some are fractional ownership, etc.

A deal like this makes more sense where you can put in some fraction of the cash and get investors for the rest.

As a licensed home inspector, I cannot imagine that a 3 day class can possibly give you a fraction of the knowledge that any reputable school that teaches home inspection education would provide.

Get a CPA to evaluate how your depreciation, insurance costs will be calculated in this case since you occupy a fraction of duplex. 

In contrast, my SIL bought a house around the same time as us for $45k more, in the center of the hood (I was concerned about parking my car in her driveway) and she saw comps sell around $250-300k, while we only gained a fraction.

We will sell the property ourselves with the help of a company that specializes in FSBO for a fraction of the typical 3% agent fee.My husband will retain his job, hire his best subs and oversee the project everyday.And how do you know we will not make a profit? 

I install in-line sub meters for a fraction of the cost (depending on service diameter) and bill back.

i.e. a LOT of price cutting and REOs coming on market.All that fails to mention that I can tie up several properties for a fraction of what I'd need to invest in one property in SoCal.

The home prices in Florida are a fraction of anything in California.

Remember that a fractional interest lacks control.