I do have sufficient cash of our own in our bank accounts to show we could cover the mortgage for ~6 months if it was unrented.  

As example, to cover how much of the proposed rental income from departing will be credited against those mortgage payments.

roof replacement, all new floors, new finish plumbing, interior cosmetics, appliances, fixtures, and just knowing the area of town What was the outcome?

Utilizing our collaborative financing model allowed for efficient funding, covering both the purchase price and any necessary costs associated with the resale.

Establish a solid reserve fund (3-6 months of rent) to cover unexpected expenses or vacancies, which are inevitable over time.Make sure you're well-versed in local landlord-tenant laws to avoid legal complications.

In my company, we handle evictions, cover the cost of the eviction, and I even pay the Landlord up to a month of lost rent.

Some investors, (and some attorneys are comfortable advising)  running without an LLC for some people and instead having an insurance policy in place to cover most likely scenarios of paying.

Hire a Architect to provide drawings with a lot of details such as existing house elevations and floor plan, proposed elevations and new floor plan, roof, wood deck, addition, etc.

Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is expected to be higher, you may consider an umbrella insurance policy.

I would explore financing options that would cover the rehab costs.