Wasn’t expecting a first ever client and studying for Commercial RE.

That's a good $2400 plus per month in rents; not a bad take if you can stomach college student (and medical students tend to study all the time around here).Gail

As some of the other commentators have mentioned you have to know your market and while all of Hawaii has a high cost for entry there are still opportunities to be found.I found a very specific market (C-, 2/1 condos, near major hospitals, pet friendly, low HOA) that I studied intensely and because of that specific focus knew a good deal when I saw it and could quickly get the ball rolling while others were still analyzing.Kauai is such a unique community that you will be faced with nuanced challenges but that also means you may find opportunities where others miss them if you know the market.Kauai is the most beautiful island in the state and has a great sense of community, if you want to move there do it and make real estate work for you, don't go about it the other way or you may be left with more properties but also more regret.

It also depends how many units and transactions you have.For a single well-maintained unit, it's alright to combine your accounts. 

https://smartasset.com/data-st...
Interesting that most of these cities are in close proximity to water and/or a coast of some sort.
https://smartasset.com/data-st...

If rates stay low and we continue to have zoning/permitting regulations that aren't conducive to building more units quickly, demand will be high and supply will remain low which will lead to further appreciation. i saw a recent study that said sellers prefer offers using conventional financing as opposed to FHA because FHA takes longer to close and has more strict inspection requirements.

If you separate HVAC you need to maintain 10 units so consider that.

It currently serves as a 2 unit property and has all the qualities of a well maintained duplex.

There are many things you cannot put in a garbage disposer, anyway, and most tenants, including myself, put garbage in plastic bags and throw it in the trash.The less you own the less you have to maintain.

@Greg Scott@Josh Caldwell We have $35,000 HELOC on our first property which we are keeping open to maintain future updates to the property and future investments.