In cases I have encountered with inherited tenants, often times the official, factual Notice will be enough for pause. 

You start by mentioning your age... you'd need everything to go just right for the rest of your life to make, best case, $400 or less additional each month net cash flow. 

For house flipping, consider an LLC taxed as an S-Corp to reduce self-employment taxes by taking a reasonable salary and the rest as distributions.

Is it an official inspection or some notes on paper? 

Just added the "official" first meetup post in the Events & Meetup Section! 

However, it’s important to ensure that the deed is properly recorded with the county recorder’s office to make the transfer official.

You don't need to know everything to get started; you need a foundation to build on, and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.

I assumed this would be the case because the rest of what California has to offer kind of sucks.

He's getting the paperwork together as I'm writing this to make it official.

The Packwood, WA market may be officially saturated on STR's.