Dougn,
Well, it certainly indicates it's getting too hot, which means those cooling fans need cleaned and/or replaced. If you can get that panel off easily, I wonder what's behind it. I see the wiring for the remote panel but that's just low voltage wiring.
Humm.. Wanting to sell it, vs now wanting (or at least thinking) of a couple grand worth of upgrades is interesting. In *my* experience, pure sine wave offers little advantage unless you are running sensitive electronic instruments. Yes, modified sine vs pure sine draws a *little*bit more power, but not enough to overheat either the inverter or the switchover relay, especially since the switchover relay is part of the inverter itself so is designed with that in mind.
As to lithium batteries, strictly my opinion, they're not worth it. You'll need a new converter/charger and ablut $1,000 worth of new batteries. I have boondocked a lot (at race tracks) for 5 or 6 days at a time... BUT... that's also in the summer, where I have to run the generator a lot to keep the a/c on. And at a racetrack, everybody is running a generator.
Don