A seller who is doing a carryback would use a  mortgage loan originator who can qualify the borrower and process the loan documents.

In my own home, I was in the process of a refi, but after the appraisal came back at $70,000 more,  I am backing out of it and eating the appraisal fees rather than the refi fees.

We buy them, rehab, place a renter and then refinance cash out original down payment funds and recycle the same funds into the next project - repeat process.  

Good luck and look forward to seeing the process!!

Any additional information just to help with the decision making process would be appreciated. 

Everything that you listed is a normal process of subdivision which is independent of assignment of a new parcel number to a vacant land.

Always start the collection process right away just as soon as the owner becomes late.

We are in the process of researching, top 3 are Buildium, Rent Manager and Appfolio. 

Could someone walk me through the process of wholesaling in California? 

I would take a look at their financials and see how many units owe money, what their aged owner report looks like (how many units owe over 30 days), ask what their collection process is, ask who their property management company is and check out the manager's reviews online.