And a .81 in Nampa, ID. 

Another note on construction cost, going vertical is very expensive now and would require have a great connect with a developer and a builder in the area.See what rents are in the area and run the numbers to ensure the rents will cover your costs and give you a solid return—using the 1% rule can help.

Lahaina is a year and a half into recovery with roughly 1500 homes destroyed, The US Army Corps of Engineers and FEMA just competed debris removal.

I reached out to the individual marketing the deal to schedule a property viewing, but they’re asking for proof of funds (which I expected) and a signed purchase agreement or LOI.Is this normal?

A whole working business with properties, a booking site and a brand that creates loyalty.

At the beginning, I had to use my own money and credit lines and a HELOC.  

It's like playing the couponing game and a store gives you money at the check out.

And a good property manager will take care of day to day, but you will still have work to do.

Since you have work history, if you get a job with salary income and a credit score above 640 (680 realistically), a conventional cashout refi is within reach as soon as you reach those metrics.

They all have yards and a driveway , its not like living in an apartment .