I'm getting contractors in soon to help me estimate the costs but I imagine they are upwards of $50k+ to get it rent ready.   

I would imagine take out as much as you can from the property, if the % work out and you get back all of your principle and repairs $ you put into it. 

My hope is that this will help minimize smells for the next tenant.There is also a hideous incomplete popcorn ceiling in the living room that i don’t believe was rented to her this way it’s just so terrible looking i can’t even imagine.  

That could be a difficult market because I imagine the owner received a check from their insurance Co., which leaves them the option to rebuild or to move elsewhere.

Finally, there is a good club in Coachella.You can find them all on meetup.com and maybe on facebook.The TVREI Temecula club has a mentorship program you can join though I imagine there might be a cost to that.All club meetings cost $20-$30.

Was it more difficult than you imagined?

Gentrification as well as a shortage of small single family homes, with the option to do some upgrades, is raising my rents more than I have ever imagined.

I’d imagine it would be by studying the history of the markets in that area and what happened during the last recession.

If so, I would imagine this is either a nicer asset or larger units. 2br units in Riverside in small MFR tend to go around 600 pretty consistently with landlord paying water and trash only. 

I would imagine they don't pay or treat their agents the best, but I could be wrong.