Rates are low and you have solid equity to extract so now would be a good time.  

Some parts of the floor need to be redone most of it is laminate wood.

Maybe @Jay Hinrichs  will share his reason for believing that your mom's claim of adverse possession "is a pipe dream", because under California law, your mom's claim to the property is solid and straight forward. 

Confident I has solid, multi-year tenantsLessons learned?

Do you need a 4 point inspection, a wind mitigation, a WDO(wood destroying organism) inspection?

@Marcus Phillips the key to wholesaling is having a solid list of investor buyers.

This means that the gross rent should meet the lender qualifying terms of cover the mortgage, most want 100%-130%.The main thing required from you would be a solid credit score.

Savings enough for down payment and rehabOnce they have a solid base then tackling investment properties is manageable.Just my 2 cents!

Think about how much your time is worth and whether you truly plan to build a solid, sustainable portfolio.

Lumber yards provide material take offs for wood, each sub does their own, everything else is fairly simple.