I'm not sure if I am going to start local (since the market is so high here) or if I am going to go OOS.

On the 3 acre 1216 sqft there are already 3 septic and power are already there and well water.

Rent ready, non value add, mls purchases in San Diego are large negative cash flow if financed at current rate with a high LTV loan.  

You will likely need to upgrade the water service to the building as well.

You can forget any large bank like Wells boA or large regional s I highly doubt with your scenario they will provide any credit to you.then you have the Brokers who are responding.. they set you up with a direct HML that does vertical Rates 10 to 15%  and points 3 to 6.. of which the brokers take 2 to 4 points for setting these up for you. 

I highly recommend checking and verifying IDs.

The high school sits right on this road and so do all the big box stores and restaurants.

People said prices were out of control and way too high in 2014-2016 (you can find many threads on BP about it). 

However, upon transferring it back to your dad, the basis is not relevant anymore.In the end I would highly recommend you reach out to a tax professional here to get this sorted out.

Is there a chance the water was on and all the pipes froze and then flooded the place?