Understand Construction cost. 

Keep in mind most of the tenants would be immigrants who may or may not speak English.Honestly, these seem like a total headache and I can understand why these sellers want to sell.

Obviously, this can impact your overall cash flow. 6) it’s important to find an agent that knows the area well and understands how to work with an investor, as the process is very different than buying a primary residence. these are all things to consider, and there is going to be a learning curve associated with the process.

Once you can get over the immediate gratification of investing, and understand delayed gratification.

Our MTR market is solid.

Also, I was reviewing the BP tutorial for new members, to better understand how to navigate the forums and the site but the info is different and seems outdated.  

Also I am looking for an experienced realtor on Oahu that has worked with investors and understand the investor mindset.Type of house hacking strategies I am considering:Multiple units (duplex, multi family home)Single home with roommates (rent out extra bedrooms)Single home with vacation rental (Airbnb extra bedrooms)And here are my criteria:Budget 60-75k downpaymentEastern windward side of Oahu (Kailua and surrounding neighborhoods)Renter or vacation goer friendly locationLightweight rehab (no fixer)Aloha!

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.We've also classified Metro Detroit Cities & Detroit Neighborhoods, PM us for more info.What else can we assist you with?

Not only will it help you understand the industry better, but you'll be able to analyze the market/deals yourself.There are plenty of online resources to help you accomplish this within a few months, and I'm sure it will open a lot of doors for you down the line.

I would definitely get really solid on your expected rent numbers before you pull the trigger.