I have been lurking on the site and attended webinars for a while but I am just here to learn and I am soaking it all up!

Looking forward to engaging with this community and soaking up all the knowledge I can.

You can shift your perspective to enjoy what you're doing, yet reap the long term rewards by planting the seeds today. 

There's plenty of info to soak up on BP but make sure you also attend local meet ups, even if they might be on other islands and network with local investors.

or did a sheetrock panel get soaked and fall?

It’s a huge move, and you’re already starting off strong by asking questions and soaking in as much knowledge as possible.

Here they all start with "Are you aware of any XYC.." and none of them are asking about previous repairs or issues.I understand that you are concerned, but honestly, if the water damage was resolved, the soaked parts replaced, why would it matter any longer? 

This allows me to seed the property for 6-12month, then refi, and pay the full amount of the HELCO back in one payment. 

(I've heard stories of ceramic tile grout lines that were so soaked in urine that the smell wouldn't come out.)Although ceramic tile looks nice, vinyl should be your go-to in a rental bathroom.

Furthermore, after having a dog live in the house for 3 years there is almost certainly animal urine that has soaked through the carpet into the subfloor.