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Updated about 6 years ago,
Is it a safe to invest in a Hawaiian lava zone?
I have several long term rental properties on the mainland, but I am considering diving into short term rentals. I would like a decent return but would love to just have a place to stay when I vacation. I have found some properties in Hawaii for sale but are in a lava zone 2, this seems to be a risky investment. They already make an extremely high ROI via VRBO. I can buy with cash but is it possible to get lava insurance? Is it dumb to take a risk? The plan would be to hold for 5-6 years then sell. Any input or advice?