By then I expect to have a clear plan so I can move into action.

Since you have work history, if you get a job with salary income and a credit score above 640 (680 realistically), a conventional cashout refi is within reach as soon as you reach those metrics.

With the fires in CA, you can expect materials and contractors to become even more expensive. 

I know it is expected that you will need to spend some money after someone moves out but I just didn't expect I was going to need to spend appx. $10k to get it rental-ready. 

Better tenants expect better and treat the property so.

@Hitanshu ShahDon’t expect to recover losses—it’s usually not worth the time or cost.

You didn’t pull the plug when you found out it was 20% more than expected?

Expect property inspector to investigate rehab performed was good, alongside general property inspection.Can a BP member please recommend a good inspector along with what I should expect to pay for the service.Thank you

I would say to expect a floor rate of 6-6.50%

You can expect turnover costs, losses due to vacancies, and other expenses.