Hello Sharad, I would suggest that you consider what you get for the price range which you are purchasing and visit a few neighborhoods to determine your preferences.

I don't think making this a nice remodel is going to help since you're likely not attracting the caliber tenants that's willing to pay more for something nicer... that tenant is looking to live in this area.Now, if you went the Section 8 route you might be able to push to the $1,300 - $1,400/mo range.

This will free you up to get a loan in the 2 or 3% range... even in 2025! 

Land is very risky, and being in hawaii makes it even more challenging - thus reason we see higher rates on land. could it be less, yes, it could be in the 15% range but i would be shocked if someone would be in the 10-13% range.

I’ve often found that a property’s best path forward isn’t always the most obvious.. sometimes letting go unlocks capital for the next wave of growth, sometimes holding tight after refinancing keeps that reliable monthly boost (from what I’ve heard).I had a friend who snagged a multi-family in a similar price range about a decade ago.. at the time, it felt like a giant step.

For owner managed properties like this we see expense ratios in the 35%+ range. 

3X is a GREAT entry for most as long as it's not a sinking ship or with crushing overhead and miniscule margins. 4X-7X is a normalized range for acquiring many different business's.  3X earnings?  

Thank you for your response, Benjamin.Prime does handle bookkeeping throughout the year, this is why it is expensive, but it may not be particularly useful for me at this time.Would you say the $1,500 option (Taxtra) for tax preparation and ongoing support throughout the year (including answering questions and responding to IRS letters) is within a reasonable range?

I'm a beginner and I'm looking for tips on how to perform a proper market analysis on houses to buy and hold long term and rent out.Right now I'm looking through all the MLS websites and finding properties in locations and within my price range.

It shows how many searches have been in the past 12 months for a city and gives the price range of units in the area.If you choose to contact a hospital ask for HR or if they have someone who specifically works with traveling nurse placement.