When people ask if they should get their Real Estate license?

Would like some feedback on options from people in the know on Hawaii (or Miami). 

I know people all over the city use illegal units for all sorts of things, but my goal is to maximize profits while ensuring I'm doing things legally and protecting myself from liability.

We used to follow, Walmart , HD, and U-Haul :)  U-Haul has great migration data, the best in the business on where people are moving to.

However, there are many factors to consider, and I want to ensure that the right people are involved at the right time.The renovations are nearly complete, and I am already collaborating with a condo conversion lawyer to draft the condo filing documents.

Prior going to the conference my fear was that most of the people going to the conference was in the single family homes and we wouldn't be as much of value to each other.

If you are using one all the time you leave it down but most people if they put one in it is because you want to use the room for something else.

People who are willing to collaborate, and help others along the path truly make a difference in the world.

I've heard people talk about getting an IRR around 20% but I'm not sure if that's an outdated target and not as realistic as it may have been in the past? 

Just wanted to get peoples opinions about this idea.