It would depend on multiple factors.

This, combined with economic factors such as the California exodus (and other migration patterns) lead me to believe there will be long term growth here. 

So depending on size and other factors you can budget another 5-25k for a rewire and Drywall repair.

Since I have renting experience (which I've read is a qualifying factor to be able to use projected rent income towards DTI) will I be able to use that towards my next multi I plan to do an FHA on?

You have to factor these in to see what kind of actual cash flow potential you might have. 

I’ll use the laptop to add them in the morning 

We've been buying more and more product in Chicagoland and prefer to avoid Cook County, when possible, but, if we find a good deal, we'll bid on it.You have three main factors that affect timelines for NPNs in judicial states: the courts, the foreclosing attorney, and the noteholder.

Good morning, everyone! 

First thing Monday Morning - Find and Hire an Attorney to handle this for you. 

Run the numbers this way and make sure to include property tax, capital expenditures and repair estimates at 10%, vacancy factor at 5%, property insurance, etc.