None of the 3 options you proposed are bad options, so it really depends on what is your strategy.

If you indicated cash flowing SFR are difficult to find in safe San Diego neighborhoods I would not have bothered with a reply.If you take the time to do my proposed exercise PM me and let me know if you think I am wrong about the current duplex to quad MLS listings in my area being worthless. 

We had a great turn out and have had many turn in proposals and still waiting for some.

I also look at stuff like this bill that was proposed just to get a handle on what lawmakers (and judges) think is the right path for their constituency.

We are expecting this buildout to cost nearly $1.5 million which he is proposing that I provide entirely as his dad is in for close to $800k not including the sweat equity over the years along with being able to use his dads resources for materials and such.

I subsequently went with to the build site to discover absolutely nothing had been done at the proposed sites.  

I would request additional proposals.

Fort Lauderdale to consider Boring Co. tunnel proposalI expect pro-business mayor, Francis Suarez, to pull the trigger on this proposal.

As for rehab funds and associated cost, I have a portion and will find a way to get private money, JV, or possibly some from the GC himself for the remaining portionI want to get some form of a proposal going for this asap.

I would like to avoid buying the house outright before flipping it, so here's my creative flip that I'm looking for input on.What I'm thinking of proposing to the current owner is that he retain possession of the house, and we remodel the house and get it ready to sell.