This is great news.  

The listing agent for the most recent estate was able to petition the county to have the address changed, and only then were they able to sell it, since then when you googled the address none of the news stories about the house would come up.

Big news!

Sounds like good news to the MF industry. 

New condos, mixed-use office space, hotels, parks, pedestrian/biker friendly European style roads, and walking bridges are all under construction right now.

I live/work in Honolulu, HI, but I own a single-family rental in Newport News, VA.

The good news for you is that 0.25% to rate on $75k borrowed is about $16 per month in interest.- Investment property appraisals, multi-family in particular, are more work than vanilla owner occupant SFR appraisals, and appraisers do charge more.

Here is a great article from Realtor.com that gives great insight on the best markets for real estate investors. https://www.realtor.com/news/real-estate-news/best...Your $100k-$150k will allow to acquire 1-3 properties at a discount that cash flow well.

Hawaii (in case you're considering flipping here @Brandon Turner) was the worst.National average for 2nd quarter was 48.4%, which was 1.5 lower than same time last year.Here's the full article: https://www.bizjournals.com/dallas/news/2017/09/14/dallas-among-worst-cities-for-home-flipping-report.htmlFor DFW flippers (and others), how accurate is this report?

Now for the good news: if you're simply acting as a rental collection service, or Contractor who handles repairs - you're fine without Licensing.