Here's a short pamphlet prepared by a legal aid agency in the area from the tenant's perspective.

first talk to a good real estate broker that specialize's in land in that area.. that will give you a baseline value. and remember in CA there are millions of parcels like this throughout the state legally created lots .. that are either no buildable and or not economically buildable.commercial enterprise on 3 acres is not feasible in any fashion.

Unhappy tenants because service is bad and they typically don't replace anything until they have put at least a half dozen band aides on it. 

The hardest part about flipping remotely will be deal sourcing, although that's also pretty much the hardest part of the whole enterprise anyway.

@Benjamin Kanevsky If you have another source of income, it will be easier to slowly build a PM company from scratch.If you are looking to quit your day job to do PM and need sufficient income to pay the bills, it is probably easier to buy an existing company.I would definitely have some kind of corporate form for the business, and I would also recommend having an attractive website as a starting point.As you grow the company, you may consider an enterprise backend solution like Propertyware.

That said of course, it's likely a band-aid solution and eventually I'll have to get to the roof anyway.

If you require a classroom setting- then this would be sufficient....HOWEVER  only half of book is taught and it took me reading it a few years later to realize that I had missed a lot of information.Will they aid you in passing the class state exam?

Afraid of drinking a few sips of kool aid?

What I would create is such an enterprise with pooled investors -- I might just do that. 

Lori is the VP of the Enterprise branch.