Sounds good, I think this is probably my best course of action at this point. 

However, your proposed plan of action seems unorganized and not well thought out.

You only put down $27k (maybe more after closing costs) but that is another 16% return.We are now at a 32% return.You then have to factor in your return on the tenant paying the loan down, the tax benefits and the inflation hedging.Cash flow is the name of the game, but you cannot rule out the other returns.It might start out slow at first, but set solid goals with actionable steps and things will happen faster than you think!

I realized I need to put action behind my words in order to achieve my dreams.

But don't let that stop you from taking action.

Read a couple books, put your plan into writing, then take action!

The insurance company doesn't want to take any action for that, they just paid the money except the deductible.  

most your age are not even THINKING about this stuff, let alone putting action into place.

What would be the best course of action for securing financing for renovation cost.

The Rich Dad stuff is just motivational BS, this might move you to action, but does not give you the information you need to put deals together or even understand many of the basics.