Quote from @Alton Pettit: 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.

That can be the reason some people have differing opinions on how each group should operate in the real estate investment space.

Selecting the right lender, this can get done in about 6-8 weeks, if not earlier. 

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.

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

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.

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.

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I've heard people talk about getting an IRR around 20% but I'm not sure if that's an outdated target and not as realistic as it may have been in the past?