STR in Hawaii

[Makani Donaldson]

Aloha everyone, I just started my interest in real estate this past summer and just have been listening to podcasts and what not while I can. I’ve been looking through the forums and haven’t found what I’m looking for. Maybe someone can help!🤙 as we all know buying here in Hawaii is very expensive at least for a property. I’ve been scanning the market and come to understand as my first investment I’ll probably have to find an apartment/condo something like that and I typically hear of STRs typically making more cash flow etc. Ik that here in Hawaii, there’s a few laws on STRs and I’ve been trying to understand but it’s difficult to decipher. My questions are

1. Is Hawaii able to have a profitable STR despite a few of these laws?

2. Is someone able to explain any of these laws so that I might be able to understand?

3. Is STRs the way to go in Hawaii or maybe just traditional LTRs instead? 

Mahalo to any feedback given🤙