Begin by targeting distressed properties in gentrifying neighborhoods, securing financing through hard money lenders or private investors, and focusing on cost-effective renovations.

The justification for eminent domain would be the cost of defending the current set up, health costs and environmental cleanup costs. 

The city also benefits from a relatively low cost of living compared to other major cities, attracting both renters and investors.

Co-living will be necessary due to housing cost. 

Now, if she had someone she implicitly trusts to manage it, as though she were present, that might work, but the added costs would probably make the endeavor non- profitable.  

Many out-of-state investors make big mistakes that cost them far more than a property manager would charge.

Your ability to accurately estimate costs and efficiently manage renovations makes you an extremely valuable partner in any deal.

The instruments needed for the transaction will be state specific which means you should have someone from California chime in with resources who can provide low cost documents (as these will be boiler plate).

They cost slightly more than the normal permitting process, but I usually have permits in hand in a week or less.My GC is has some experience on Coronado, if you would like I can connect you, so you can get his opinion as well.

I always a little under my target amount ( a month interest and half the cost of the attorney) so they can negotiate.