I advised the PM that the house was recently rehabbed and there should be no problems with electric, plumbing, roofing or anything else. 

Depending on the damages, there could be extensive work involved replacing all the damaged framework, electrical, plumbing, etc. as well as getting the smell out.

You are just as much a business as their electric bill, cable, etc.

It also needs a new roof, electrical isn't to code, and there are some termites.Even after her I discuss my planned to rent out the property I was told to not be concerned about the unpermitted kitchen because "everyone has unpermitted additions" in the Bay Area.She also told me that it was not necessary to rate shop when selecting a mortgage loan and that she would "ask around".

The rental, in my opinion, would be considered low maintenance since it recently had a new roof installed, electric baseboard heating (no furnace to fail), and a new water heater installed 4 years ago.So here's the questions:Is renting it out with the current financing worth considering?

Since I know the roof will need to be torn off and replaced, and possibly the interior framing and drywalling, and plumbing and electric will need to be redone, and I'm familiar with housing values in the neighborhood (all except 1 under $100,000, but this house is the smallest in the neighborhood), I would not bid more than $15,000 under any circumstances, but I'm fairly sure that some fool will bid more and be stuck with something that he cannot afford to repair.On the other hand, I can afford to repair it, especially as my significant other is a carpenter and has a skilled crew on-hand.I'm trying to determine the pros and cons of reporting the house to code enforcement. 1.

You may be able to go right over the existing wall, but that will require some adjustments around baseboard/window trim, crown mouldings, and electrical outlets and switches.

Running it from the street to the curb might be $1000 or so (water company does this) and from the curb to the garage maybe $400-1000 or more depending how deep the line has to be (plumber does this or you could try and do it).With new electric service, biggest hard cost is the permit fee and then the labor to screw the meter box on and hook up the 3 wires which are sometimes difficult to work with.With new water service, biggest hard cost is the new tap fee, permit fee, and labor to dig a deep enough trench or tunnel through to the garage.

His skills include plumbing, electrical, and AC repairs, along with general construction.  

The other thing too is that tenants cant really destroy walls, floors (linoleum or tile), electrical, or plumbing, just fixtures vanities and cabinets.