Kyierris Miller here, I hope you are doing well.

As a Banker my advice is to always have several conversations prior to and be very transparent with your Banker or Loan officer.You can use real estate to position yourself into a better or bigger home buts is like chess there are rules and you have to know in advance your next few moves. 

Together with likeminded folks it should be more fulfilling. 

The other key to this property is it has city water and sewer at the lot lines which would obviously be cheaper than well and septic + has electrical just next door. 

Quote from @John Williams: I would only support this because it's California where electric cars are most likely to be mandated and used.

I was in San Angelo and will be returning mid next year. 

We will lose out on $100k but get our cash out and the new investor will clear $100k by sitting on a deal for a year (while collecting rents).Does this seem feasible or something that would be attractive to an investor?

I am definitely the one doing the work on the LLC as well as the tax complications being lower with a single member versus the spousal partnership.

being a "generalist" is not really an option in commercial in my mind. 

@Zach Rumfielda smart agent can help you but you should be able to use Zillow.