I heard some news reports too ... some tend to inflate and inflame. A friend living in La Paz verified Cabo is a mess but La Paz, while beat up and flooded faired much better, and will return to normal fairly quickly. Cabo will take years to recover.
Some La Paz Hotels were gaffing tourists coming over from Cabo who were trying to get back to the US. A doubling and tripling of rates. Typical. Only bus service was available for a day or two, but I believe La Paz airport is ... more or less ... now operational.
Most Hotels (very few) in La Paz may have lost power the first few days, but were more or less operational. But parts of La Paz were flooded.
Cabo was completely ruined ...reports claim staff and management ran away like Hell from fancy Hotels, left guests to their own devices. NO HELP.

But in a way, can't blame them, they ran away to save their own families who were in far more danger. A real miracle no one died during the whole thing.
The Mexican Military came in and helped out, flew lots of tourists up to Tijuana or to Mazatlan. I heard there were at least 4000 tourists in Cabo when storm hit. La Paz has maybe 1000 or less.
My guess is La Paz will recover quickly, Ferry service will be normal as weather permits (as always), so tourists will have few problems once things settle down.
Note that the Storm flooded and washed out the main road in Baja in a few places, so there may be some delays, standing water or mud. Should be cleared quickly. Water soaks into the Desert quickly, couple days of heat, it all will be gone in sandy sections at least. Wash outs should not be too bad on a bike or 4x4.
Use caution on dry lake beds, mud can be like quick sand. You will never get out of it without help if you get stuck. Avoid for at least a month or more.
!Que le via bien!