Is it a bad idea to try to get a multiplex property, if I’m going to be the one to finance it?

If only there was an automated way to migrate data over between all programs it would make everyone's lives a lot easier (maybe a future business idea for someone?!).

I would work with zoning to see if you can correct this issue and make it a viable rental.Either way, I would hold it.

The idea is to build multifamily rentals to hold for the long term.

And the real estate is it's own holding company. 

I don't own in Hawaii, but my perception from my research there is that it's not an ideal cash flow market right now but can be great for appreciation, which it sounds like would be a pretty good deal in your scenario.If I had that much cash to deploy personally I would be putting it into properties that are most likely to hold value and most likely to gain value. 

Investment Info:Single-family residence buy & hold investment.

We got to bounce ideas off each other to see how we can help each other improve our businesses. 

Investment Info:Single-family residence buy & hold investment in Washington.

JackIn several states (I have no idea about yours) the bidding takes the form of lowering the interest you will charge the owner to redeem the tax lien, not that you would pay more than the lien itself.