It also has rock-bottom fees and the sponsor has significant skin in the game.

Our first red flag since clearly it's open on the calendar.

The potential tenant does have a nice credit score ~770If the above situations are real, would it be a red flag for this tenant? 

I wouldn't allow someone local (say, from Knoxville or Chattanooga) to book for a single night, I consider that a red flag, and as much as possible don't allow people under the age of 25 to book, especially for a single night. 

I saw a rare off market fixer today that has a lot of potential as a “buy and hold” in Eagle Rock, Los Angeles.  

So I'm stuck between a rock and a hard place.

The red flags were flying all over the place, and they still are unfortunately.

You may or may not be replacing the sheet rock, interior plumbing & electrical, cabinets, fixtures, etc.  

I can find lots of opportunities for $100k houses in Florida, New Mexico, Texas and other southern red states with low regulations and lots of sun and heat. 

This refinance will get me out of the red.