Vacation rental purchase

[Daniel Patrick]

Hey guys,

I am looking at purchasing a vacation rental in Hawaii (very early). I am out of state and plan on using a management company.

I am only interested in going forward if I am cash positive.

When I start crunching the numbers I am not sure what data is reliable. What is an accurate expectation of occupancy, income, and expenses? Where can I obtain an honest answer to these questions?

Any thoughts or shared experiences would be greatly appreciated.