It's not a typical home so the issue we're having is figuring out the best use for it.

Typically san diego has been good, but look at this article. 

This means that BRRRR typically works as a cash only purchase as the homes being in deplorable shape keeps out all of the buyers who are utilizing financing; thus driving down the price to allow a cash buyer to buy so low that they can utilize the BRRRR strategy. 

What do you typically put for CapEx?

Typically it’s done with cash or equivalent.

I typically will bid on my properties in foreclosure a percentage of FMV instead of total debt where value may be in question. 90% of FMV would be typical for me when considering i've got commissions, taxes, maintenance, etc., so, i'll bid 90% to try to entice 3rd party bidders so i don't have to take it into REO inventory.

75% is more typical.  80% for some SFR investment properties.You did not include Closing costs for the Purchase.Double check your numbers before you move forward.Good luck.

This is way out of my element, as I am typically a value add investor. 

Not your typical interview in the least.

I have a full time job getting off around 5pm typically and have free time after that and most weekends to help with anything.