Buying a Vacation Rental in Lahaina, Maui, Hawaii

[Ashish G.]

Folks - Hope you all are having good holidays. 

I am looking for advice from folks experienced in Vacation Rentals in Hawaii. I am planning to buy my first vacation rental in Lahaina Hawaii. It's a property called Aina Nalu. 

Can anyone share with me:

1. How has been your experience owning a vacation rental in Hawaii?

2. Whats risks you do you see in future?

3. Any knowledge of the beach erosion Maui is facing?

Any inputs are greatly appreciated. 

Best,
Ashish