However, even though they did, in my experience, they still asked me to give them comps on nearby rental units.Just like most expect, if it's a 4 bedroom place, then it needs to have 4 actual bedrooms.

Presently you have expectations from your tenant that are unrealistic.

I appreciate any advice on what I should watch out for and expect. 

I do all of that and more expect for some of the bids a those don’t take long to get and I pretty much know what they are anyways since I do a lot of these.The risk with this is if somehow seller can’t deliver clear Title, then you are out these expenditures but that is rare.Not sure about your area, but here in Los Angeles, I can have all the plans completed and submit to B&S (building and safety) before being on Title but to actually get the project to RTI, I do need to show I am on Title or get notarized approval from seller to submit to City.I typically make my offers with closing dates of 10 Days but I love it when sellers need 30 or 60 Days to close as that saves me holding costs while I do all the plans and City submittal/clearances.

VEGAS BABY I moved here last year because of economics, I knew it would be a good move and it's surpassed all my expectations. 

I don't know the area but $1,700 a month for a $125k house seems off, and if you are in PA I believe that your property taxes are fairly high 2%+Also expect to pay points either way with a HML or conventional lender, the interest rate for conventional will be significantly lower.

I need to know what I can expect to refinance it for after the rehab.I should also note that I am putting this one under my personal name in order to take advantage of the 30 year mortgage.

Even if you were investing local, I would think you should not expect less than $30K. 

I would do research on the population and the expected tourist statistics. 

In many cases, they should, just not expecting 5% down.A 203K would be a better option.  3.5% down on up to 4 units.