What I'm really interested in is learning how to find and select these types of markets for myself, or at least figure out a way to start narrowing them down.

Those who've been there and done that are in a good position to assess others when quietly developing their A, B, and C candidate lists of who to consider doing business with in the future.

If you can move the contract yourself from point A to Point B and back instead of letting the attorneys overnight it then you can get this process done fairly quickly and hope no one has put in a higher offer.

When I was confident that there was high demand for rentals, I narrowed down areas where it was highest and looked for deals there. 

The taxpayer must still meet the ownership and use and the one-sale-in-two-years tests of Secs. 121(b) and (c), and under Sec. 121(d)(6), gain cannot be excluded to the extent of depreciation adjustments attributable to periods after May 6, 1997Audit points: You could argue they were necessary, but generally remodeling is not considered a need and arguing with the IRS is not a good idea (more on that in a minute).

Which area of Maui are you looking into to perhaps narrow down the list?  

., this is driving up prices and narrowing our margins.

My favorite list is people that own the house, live in the house, have owned it for 20 years or more and own it free and clear - that is the house you will make the most money on when grandma or grandpa are now all alone in the house and are moving in with the kids, to the nursing home, or passes away - someone finds your postcards in 6 months or 6 years from now and give you a call to see if you still buy houses - these are the cream of the crop.With Realeflow leads you can do a lot of the above sorting and with the $7 a month version you can get 100 leads from their system - narrow those leads as much as possible before you export them to get the best leads for your money.Then, the next thing to do is to watch the list for returned letters.  

I'm looking more at class B and C neighborhoods because frankly I can't afford to get into class A neighborhoods.  

I write a lot about the factors new investors should consider when narrowing the field of REI choices, so instead of hijacking your thread completely, I'll just leave a link to a post I wrote on this topic a while back, just in case it's helpful to you in trying to determine the strategy that suits you best:https://www.biggerpockets.com/forums/55/topics/360...With regard to your teammates, I agree with the advice you've received so far - share your enthusiasm and help educate, but make sure you keep your investments separate until you really know what you're doing.