I plan on spending 15-25 hours a week on the flip myself (I've designed & built a house for my parents & maintain my parents rental (their old house), so I'm pretty handy).

I currently am studying to get my real estate license.

If there are specific areas of study that I should focus on, I am all ears!

Self study man google it, buy a book on amazon, I personally have heard of the strategies too but dive into some self knowledge about the subject hopefully some more experienced BP members can point you in that direction!

everything I have studied has said use as much OPM as possible just make sure you always have an escape plan.

The seller is a nice old lady who maintains and manages the property herself.

And it would be worth significantly less than the same house than had been maintained and updated over the last 27.5 years.After you subtract all your deductions, you're left with your net taxable income.  

I've been studying a lot from Phil Pustejovsky's online material.

Get your first investment property after doing plenty of study and analyzing properties for cash flow, or appreciation, or after repair value, or whatever you are looking for depending upon which side of Real estate you're interested in. 

San Diego is an amazing place to live.That being said, it's a pretty terrible place to invest in buy and hold single family if you're looking for cashflow.The people who do buy and hold SFRs in San Diego fall under a few categories in my book:- People who bought back long ago or during the crisis and are able to maintain good rental cashflow- People who are speculating on appreciation and can afford to eat the risk and negative cashflow- People who can't do math