We are planning on moving back to the area in 3-4 yrs.

I grew up on Oahu and left approx. 7 yrs ago to pursue a higher education and ended up not returning due to the high cost of living and poor job market for my profession.

That is why i decided not to go to school anymore and focus on what I want and love instead of working for some other corporation after 4-5 yrs of school and then student debts.

Our HOA amended the CCR's over 5 yrs ago to restrict the number of owners from renting out their units.

Found this couple who individually has low income but has a decent combined income, no recent issues , no evictions ever, not great credit but no past due bills or collections in last 2-3 yrs ( the wife had collection issue prior to 2-3 yrs while studying), very good rental reference, verified employment reference.

our first rental was our first home, we lived in it for 5 years, and then rented it for 7 years now.we did a live in flip also, bought the home lived 4 yrs and flipped it

I am 32 yrs old, married and have two kids.

SO if you have cash in hand, 15 yrs could be the right approach.I am assuming your mortgage note says "no pre payment penalty", you can just call and tell them extra check is towards principal.

. :)I currently am renting out my first house that I bought 10 yrs ago for the same amount that the mortgage payment is each month.

I have been "researching" for 2 yrs b/c no $$ of our own to invest just yet. so when the opportunity arised, I immediately jumped on the chance...