I stayed at Rey's place during the first week of October and loved it! Anybody who is looking for a great budget place to stay, be sure to check it out.
Pro:
* Location: Being at the far south of Waikiki means that you can easily access highways to explore the rest of Oahu. There are lots of nearby parks to walk to, and the rest of Waikiki is at your doorstep
* Views: Diamond head is just outside the balcony, and you get a decent view of the ocean. You also get a nice tree cover view from the Waikiki Zoo across the street (makes for peaceful mornings on the balcony)
* Kitchen: Even if you plan on eating out all of the time, having a kitchen for a 7+day stay is nice to have. All items are provided
* Hotel Staff: The front desk attendants were a huge help, very nice, and happy to assist with parking/etc.
* Cleanliness: Rey did a wonderful job of having a nice, clean place for our stay. And plenty of towels
* Parking: The property had reasonably priced parking with easy access. Be sure to reserve ahead of time
Con:
* Not the best place for light sleepers (or bring ear plugs like we did). The bar below is not as near as loud as you would think, but the weekend night traffic can be insanely loud at times (apparently revving the engine just as you are about to turn on to the main Waikiki strip is a thing). The condo has terrible sound insulation, so something to think about