I would venture to say that what you are describing is that speculators have been buying up lots in Kensington (speculators do such things because they are using money to purchase items that they think may do this or that), but investors are only the ones who purchase based on what the market is proving a willingness to do. 

But how you would bring value to this deal is pretty tough to Imagine.. not to mention any kind of land development in Hawaii is some of the toughest in the US to accomplish many times taking 5 to 10 years just to get through land use  etc..

It's going to be tough to do that price anymore.

Point 3 umm it litterally changes by the block so that's tough to say.

Competition and tough situations will only build character right? 

It’s cleaner on your Title chain and saves you one closing if you go through with a full closing to potentially keep your Title Insurance, etc.As a new LLC it will be tough.

The market is on fire down here so finding a single family BRRR is going to be tough unless it is off market.

Nikolas, the market is tough.

To me, there's only two reasons you should even consider charging a tenant for a water leak:  1) They intentionally caused the leak through some sort of negligent act or misuse of equipment, or 2) They didn't cause the leak but they noticed a readily apparent leak (and you can prove this) and then failed to notify you of this leak and that failure to notify you allowed the leak to become worse and cause additional damage above/beyond what it would have had they notified you right away and allowed you the opportunity to deal with it immediately.For example, my lease has a clause that states, in part: "Tenant shall immediately notify Landlord, in writing, of any problem, malfunction or damage.

You should take to multiple lenders and see how the approach differs between banks and what is consistent between the banksAlso - Most banks will require an executed lease on the "old" primary residence turned rental to prove it's rented out or going to be rented out by a certain date before you can close on your new 2nd primary residence loan.