I'm new here and excited to dive into the world of house hacking.

I have an MTR-house hack in Kaimuki-Kahala area.

Hi - I have a single family house owned mostly by an Inherited SDIRA & a small percentage by myself as an in-kind distribution. 

One guy I saw turned 5 bedroom house to his room and took the 4 others and made it 8bedrooms and something like $50/night. 

Once the project is complete, you determine market rate and buy out their share.Let's say it cost $60,000 to build the house and it is appraised for $120,000 after you are done (not including the land, which you already own).

Quote from @Heather Kiddoo: I'm happy to jump on a zoom and talk about what TC's do in the creative real estate transaction if either of you are interested @Mike Hern @Chris Seveney Thanks for the offer, but we have an in house team and use attorneys / escrow companies for all of our real estate transactions. 

I found a house that comes out to an IRR of 11-12% when I run the numbers.

I am looking at a house in that area as a buy and hold with a tenant already in place. 

Now 10 years later there are luxury apartment & condo buildings, new construction homes, completely renovated homes etc in place of the old run down low income housing.

Fantastic, We are currently house hacking it. with both other units it covers the mortgage and we get about $200 profit a month.