And is walking into a turnkey ready to rock building, the seller (whom I am presuming is now broke, but that may not be the case) even left the tables and chairs behind, all ready to have plates full of unethical inorganic genetically modified red meat dipped in butter placed on them. 

If a lender is not adhering to this common safeguards then that would be my first red signal .

Do agree on the red flags part.

Having had similar experiences in the past, I will add the glaring "red flag" that is visible to me.

The town of Camp Nelson is in Tulare County which is a “red” county in a deep blue state that is favorable towards landlord and STR rights.

I bought with a cash-flow on day-1 and could tolerate two vacancies before creating red-ink, so it's crazy to be penny-wise and vacancy foolish.I know there are those here on BP that harp on hobby vs professional business operations, but there's more to the bottom line than just GSI - - consider the opportunity losses created by vacancies.

Any red flags?

So if someone bought it at the tax sale and then didn't want it and didn't pay the tax on it, that is a big red flag that they may have found something wrong with the property and decided to let it go.I would do some research on what you bought.

I definitely need to stop this in it's tracks so the smell doesn't TOTALLY infuse the place@Bjorn Ahlblad  I guffawed when I red your reply! 

But there is no visible building on Google Maps, and Xome.com states 0 square feet for the structure.Big red flag: I got it for 16%, the maximum interest rate in an interest rate bid down state.