That brings up a host of questions:What if I don't like how they are managing the property? 

Here are some good places to start: http://www.biggerpockets.com/meet- find and connect with other BP members that are in your area.http://www.biggerpockets.com/alerts - Set up keyword alerts to be notified of the topics that interest you.And, of course thehttp://www.biggerpockets.com/forums - ask any question about real estate!

Following up consistently.

I’ve been exploring similar opportunities on the East Coast, where solar development is also picking up.

The example that was given to me was that if your property goes up in value $100,000 in a year, you would owe the irs $25,000 at the end of the year wether you sell the property or not. 

I've had my license for a few months now and will soon be closing on my first listing.

Just getting contractors to show up can be a challenge, and if no one is looking over them they take ‘creative freedoms’ on how and when your job gets done. 

I'm guessing the way to do it would be by opening up an llc, and going through there.

Then they need to get cleaners lined up (and they often have several units turning over at the same time, so that takes a few days) and have to do inspections and then fix things.

You will want to look out for a lender that is responsive, straightforward and has a track record of reviews and closings.