It's Dec. 2024 and, while the house is built, septic still needs to be installed, exterior grounds, and internal trim and appliances are yet to be completed. 

@Robel Nessro  Many young people are buying houses and then having roommates to help pay the bills.

I'd have to look) days before they have to pay and rescreen again. 3) I will keep shouting this from the rooftops: written policies are your friend.

15% down with no STR experience - you're going to have to pay a price for that.

I know I could put furniture on 0% interest credit cards, but I would need 2+ years to pay it off and I don't want to have to jump through hoops to cycle a balance onto new cards. 

Not much in the way of updates, except for meeting with lender in December to go through some scenarios for the multi unit ground up build.Very excited about this.I am also still on the fence on the design aesthetic.

So, yes, you can absolutely have a great rental business as an out of state ( and even international ) investor, as long as you have a solid team that are your boots on the ground. 

I would rather invest in safe markets that produce a good return, then I can use that income to pay for a vacation anywhere in the world.I'm very pessimistic about the STR market in Hawaii.

There's not going to be a nurse who will pay $4000 themselves to rent a 5/2 and the property wouldn't cash flow if I rent to 1 nurse for lets say $1400 / month. 

I imagine this is a similar model to Redfin's associate agent program that pays by hour/tour.