I'm wrapping up a flip in Royal Kunia tomorrow, but I entertain both upper and lower areas - actually the whole island and beyond, lol.

I'm just baffled my the whole concept.If I were to get a conventional loan with PMI, what are the requirements to get that removed in the future?

I feel like those rents are achievable but I don't know the area well enough to be 100% sure.

On the whole the jobs being added are much lower paying jobs than the jobs being lost which results in the points that Steve and @Sharon Tzib bring up.  

You should if you are leasing the whole duplex, as you would also be responsible for paying the full lease payment whether or not the tenant pays you.

Since he has been in the business for awhile he has a network of buyers that he can sell to fast (buyers List) or he can sell the car for more money to a retail customer.Wholesaling houses is the same skill set expect the whole sail buyer uses a due diligence period in order to market the home to his list of buyers,or if it is a screaming deal he can buy the house and retail it after the repairs.The whole sail contract has an important clause which is after the buyers names  and or to an assignee  There is nothing really fishy if you have the skills and means to research and complete your deals in an ethical way 

I'm pretty new to this whole thing (and the area) myself.  

Some money on books and time listening to podcast can help you focus your game plan, energy and money to achieve your goals. 

I'm from Miami, FL and have only recently begun to take the whole real estate investment thing serious after finishing school.

Anything on MLS is known to the whole world already.