It looks a lot like the "baseball" that was the market in the 80's but still it's also very different. 

Are you/your partner(s) foreign nationals or non-permanent resident aliens?

With thousands of members owning 10’s of this quads of properties.

Hawaiian real estate law differs from other western states significantly, mostly due to its monarchal heritage and the Bishop Trust influence.The basics are the same as would be in California; determine the condition of title ownership (individual(s), estate (including conservatorship, if appropriate) OR fiduciary acting for trust.Use a qualified private money equity lender to make a loan sufficient to buy out the cash-only beneficiaryThe legal community in HI and Big Island in particular is small.

We both have busy W2's and don't have the time right now to do more (which I'd love to do at some point).

Those are some amazing #’s in that short period of time.

Full disclosure, I'm not a disaster expert, politician or climate alarmist, but according to those fighting fires on the California coast since the 1960's, Devil Winds are natural occurrences each and every decade but require highly conducive conditions to be as destructive. 

Major issues are lack of parking, lack of elevators, leading to numerous unlived in units.  

Hey Christopher,Regarding utilities, if they are not on separate meters, I highly encourage implementing RUBS for w/s/t.

@Alex Patton0% Origination is going to be tricky, is there a rate that you are ballparking that you are needing with your rent(s)?