I was hit with a $40K mentorship fee, which, while I understand the value of knowledge and time, simply isn’t something I can afford right now.

Hello, can anyone please point me in the right direction to determine what the highest demand for rental configurations is in a particular city?

The OP should be expanded to include details on how one can determine the land value, as well as the various pros and cons of each method (e.g., lender appraisal, property tax assessment, insurance policy, etc.), and whether to use the highest or lowest value. 

Quote from @Eden Vaschon: As a newbie, I've determined that my first steps are to establish an area in which to focus, for house flipping and/or renting.

He suggest we simply file for a regular permit, not mention the work was previously done, and when all the required work is done to bring the unit in compliance to the plans, have an inspection done, and approved.

You need to determine what the repair costs will be and what the ARV will be (not what the seller tells you it is). 

This is why a lot of folks I work with get frustrated by lower LTVs, or higher rates, with rural properties simply because the bank is hedging for additional risk.Some shops like ours can still get them done, but always with the preface that it will often involve more work than other similarly structured DSCR loans, but I wanted to share this as a PSA for folks.  

Simply put, there are a few ways to go about it and we will share our most effective techniques with you below.Use the Search Feature to Discover Motivated SellersWhether you’re spending time on Facebook, Twitter, Instagram, or another social media platform, the search feature could come in very handy to help you discover motivated sellers.

It is a process that requires following a specific set of steps determined by each state.A quick search shows Hawaii is a Mortgage state.

I simply encouraged others to read more carefully.