Gulp @Evan Polaski, that's bad news.

After crunching the numbers, everything looks perfect.My real estate broker however just came back to me with some news: the zoning of the sector only allows the construction of one of the 2 buildings on that land. 

After summer if you rent it 5-8 days a month until next season you will be lucky.There will be tone of competition after the summer, so I would not rely on it, look at it as bonus if it happens, but make your calculation as if no action happening.

Classes will be held on 9/9, 9/16, 9/23, 9/30 from 6:00 pm -7:00 pm.During these jam-packed small group classes you'll:Get YOUR questions answered with exclusive access to our team in a personalized settingLearn how to define your goals, pick your strategy, and choose your marketAnalyze deals and determine a good deal for YOUDeep dive into investing in the local Sacramento marketLearn what it takes to write WINNING offersUnderstand the escrow process once your offer is acceptedPractice the mindset needed to take ACTION and move ahead to become a master investor

Remember time and expertise are a Realtor's commodity, so loyalty and action are rewarded with more loyalty and more action. 

So what are your specific, actionable recommendations for a servicemember in Honolulu who has bad credit and no savings and wants to invest there?

I'm ready to start taking action but would like to get in with an Irvine/OC monthly meetup group to bounce ideas off of. 

Is it common for the irs or the mortgage company to pursue legal action if for instance the property is mostly used as a rental instead of residence?

I currently live in Carlsbad, CA (North County San Diego) and am not quite sure what action to take.

Its the book that really inspired me to invest out of state and offered actionable tips for out of state investors.