This huge 4700SF house on 2 acres with pool, stocked pond, and what will soon be tiny private 3-hole golf course will generate an easy $200k in vacation rents.  

If I was you I would, try to see what you qualify for first, study see if there is any homes that might give you positive cash flow try, north county areas like Escondido and Oceanside tend to be more affordable but with good income rent. that's how I started first year bought 2 with 5% down loans, I got a tiny positive cash flow and grew my income and credit history I went with HML and did some flips and all in expensive San Diego no money to start, now I give HML and have consulting firm for first time investors and we have acquire over 230 properties all in the county with all and all is about the numbers. please fill free to ask me I could maybe guide you in the right way, I am not very active on bigger pockets but ill be on it this weekend.

It's a tiny house with only one bathroom so it's not like they took a lot but it's definitely something to be done.

Additionally, flipping is a incredibly tiny niche in a small town.

I should note the cars were tiny and the refrig guy arranged in way I still had work bench and personal storage in play. 

The issue is often manufactured, or otherwise odd properties (i.e. a 1,900 SF 2 bed 1 bath with big open concept, where most of the comps are 3/2s or 4/3s  --- or a tiny house on a huge lot where most of the value is in the land).  

They fix EVERY single POSSIBLE tiny little problem and treat it as a huge issue. 

So the little tiny details are what can come back and bite you if you do not get all steps right in the process.At the end of the day the seller might not sell unless they know who the purchaser is and that is their right to demand.

I'm getting $500 for my tiny garage apt and $1200 for the house.

I have lousy eyes, and can't read the tiny font stuff anyway!