We added value by investing $45,000 in well-planned renovations, modernizing key areas, enhancing curb appeal, and ensuring market-ready quality.

I know for sure that in my area of Texas (well outside of major metro areas), we've seen the cost to build new homes almost double in price. 

My education background is in computer science, mathematics and some corporate finance, as well as have some internship experience in the quantitative finance space.

Aloha @Daniel Kam - most of Kakaako has a 180 day rental minimum, so if you haven't checked with your building association, I recommend you verify what the minimum rental period is for your building.If you are allowed to rent for less than 180 days, you will then need to apply for a GET license, and well as TAT/OTAT and pay the appropriate taxes on a regular basis.  

We compromised on the desing as well as the tenant. 

There's lots of properties for sale in the Smoky mountains so you may also have a larger selection of options to purchase as well.

The companies that market themselves as "garage door companies" (residential) also almost always do commercial stuff as well, such as what you are looking at.

If you're planning on only living there 1-2 years, rent may not change THAT much, so calculate what the rent would likely be right now for your side as well. 4.

If you discovered the issue before paying for the appraisal that could hopefully save some costs (in case the appraiser is with the wrong AMC).Pre-vetting with the lender on rental history/AIRbnb/1007 as well as seasoning could help. 

They usually sell for a really attractive price because investment property financing is (obviously) difficult, somewhat limiting the buyer pool to owner-operator small business owners (who in turn are typically great clients, as well).