As far as your nephew and his girlfriend goes, i think living in Kaimuki and Makiki are more ideal for mid 20’s age.

Ideally would want to sell at a 10% yield.     

Their was no money in the estate and it was still full of junk so it's ideal for a quick cash deal.  

Again, here you run into the issue of a fairly long commute depending on the neighborhood and a neighborhood that is less than ideal.

For most people, living in a studio is a temporary situation (maybe ideal for students...).

Discuss your ideal exit and possible alternative exits.

Ideally,  I am looking for 20-25% down, with a high 4s low 5s rate, with no seasoning period.

If it's not a unique experience or amazing location (ideally both) you have to cut what you can to draw attention.

Now if the 3 person family had terrible credit but the couple had ideal credit, well, that's fine and dandy.  

Since I don't know the answer to this question, I've actually been delaying some of my actions so that I do this the ideal way tax-wise.I have two main concerns (one on the tax side, one on the legal side):1.