I believe Hawaii will continue regulating STR and it will be harder to make the numbers work. 

You can do this without bankruptcy and if you continue those new habits you can move on to buying an investment.

GP is more important in many instances than the property and that is playing out big time right now.

You will learn the cost of maintenance/cap ex and how tenant quality plays a big role.  

if all properties you see are below market rents, than I don't think they are really below market, typically.Beyond the cost of vacancy, renovation budgets, etc that come into play.  

If you intend to continue 'helping' dogs, you need to move out of the city and to a rural area with acreage.

The screening process plays a big role in the odds of collection.

I see 3-5 as a fad.Fractional ownership - way to much overhead for these to be profitable. think "timeshare".STR in non traditional markets - running a STR is a business and real estate, boils down to location location location - who would want to go to a conference and stay in a STR vs. the hotel where the conference is at, most businesses pay for this I do not see why.Mixed use with green - this has been going on for years- it will continue but it is also more expensive to build - which means higher costs to use.Not trying to be debbie downer, I have seen these attempted to be done in the past and they really have not been successful.I do really like the BTR model though as I continue to see that as a very good option in the future. 

After 20 years in real estate (before DSCR loans were even around), here’s my take: Tampa and Central Florida are gold mines if you play it smart.

Refinance after project, cashed out and continue to receive positive cash flow.