You will need to have a local lawyer evaluate it in light of Hawaii law. 

That comes from looking at and evaluating LOTS of deals.

@Jamilson Conceicao, The best advice that I can give you is to evaluate your market and execute based on the information on the ground!

Something else to think about as you evaluate other potentially opportunities if you go the 1031 route.

I'm concerned about not signing my first tenant this month, but also wanted to stick to the rent I evaluated for.

I’m evaluating a property for purchase.

Hey everyone,I'm currently in the process of evaluating real estate strategies going forward and attempting to convert the substantial equity I have in two single family homes into cash flowing multi-family properties seems to be an appealing possibility, but I'm not totally certain on how the process would unfold, so I figured I'd put it before the public for advice.

When evaluating a multifamily investment, it’s important to look at the cash flow because that’s where the income will come from prior to selling the property.Some investments have little cash flow but have the potential for strong appreciation.

Finish reading those books, start evaluating deals, and be ready when you find the right one.

I live in Austin, but all my properties (6 doors) are in Memphis...along with contractors, etc.I love older houses, and found one in San Antonio which I think has a lot of potential, but is also going to need a LOT of work.I would like to connect with folks more experienced with the area to help me evaluate the deal and see if it’s worth pursuing.I plan to be very involved with the rehab, but there are some things I won’t be able to do on my part time schedule.