Every system you try will have flaws, or you may salivate over a feature that appears in other software.Some familiar names are mentioned frequently: Stessa, Apartments.com, RentRedi, TenantCloud, Innago, RentManager, Avail, Rentec Direct, Doorloop, etc.I recommend conducting thorough research on each app online to understand their offerings, pricing, etc.

They think every other deal they come across is priced $50,000 below market value2.

So in that respect it is a good option, and location is also very good.These are all studio apartments with a living area of 392 SF (not too bad from Waikiki standard), however the price in this building has already gone much higher over the past few year.

There are plenty of transient markets in Florida where the supply of median home priced properties can cash flow well but it would make no sense to purchase a luxury property in that market. 

Ex (random numbers pulled out of thin air)$100k purchase $160k ARV$30k reno but $20k at cost$15k holding costsTotal Cost:$145k cost or $135k with contractorWith the contractor at cost, I have an extra $10k of margin where I don't lose money, but obviously not ideal for the contractor since they would make less.I think a good way to price it would be the equity would equal your profit if you did a fee construction at slightly below the projected ARV, and slightly below the projected hold time.

I am learning so much, and I am looking forward to investing in real estate. 

First, let me just clarify that my comments below are as a user and not indicative of any BP policy whatsoever - I'm a moderator but also just a guy with houses :)As a guy that was on the original podcast, I'm looking forward to @Dave Meyer's contributions.

You can gain knowledge to take you out of being a beginner to make that purchase, but yeah, you are priced out of CA to house hack as I said in the other post.

Regarding multifamily insurance it varies greatly the price depending on the number of doors, age, and location.

The appreciation will always increase, but I have noticed better long-term value in small multi-family vs. condos.Do you have a purchase price in mind?