I learned about estimating the rehab and that it went over budget.

You always need to budget for vacancies because they're a normal part of this business and should be expected from time to time.

(Looking to avoid emissions in CT as it is a diesel truck).Thank you in advance for any insight / advice with this

In most companies The office management usually get the ax not the guy driving the delivery truck in a severe downturn .

I under budgeted for the rehab and am now left with $100k in loans and credit debt at an average rate of 13.35%.

If it's a skinny deal, consider this tuition for dodging a bullet.I always budget for evictions of inherited tenants, as they often don't work out with me. 

@Daniel LehmanYou can potentially buy up to $1,000,000 in real estate if you get 80% loan to value mortgage.I would prolly aim for for a little less in total value so you have some funds as a rainy day fun and to also have a budget for repairs/improvements.I think it is a good idea to diversify your assets at this point in the market.I would like to see if you can get 2 3-4 unit properties in a B / B- / C+ class neighborhood.You instantly reduced some risk by transferring 2 units into 6-8 units.on a side-note, I really like San Diego.

My budget is about 150k.

I would sub2 it to gain control ..keep the existing loan in place ,give her some walking money then once she’s out of the way ..I’d lease option the house to a good tenant and let the next person go over budget rehabbing your asset ! 

I even bought my tenant a $3,900 truck with no interest payments of $250/month.