There is no tourism is this town. 

Demand is high due to military bases, tourism, limited land, proximity to beach and other amenities. 

It has a very famous temple, tourism sector based area.

Like your market, our biggest employers are Walmart, a hospital, and the service industry that supports summer tourism.

Our rental market is driven by the normal need for housing, by the wildfire victims, a local ministry school that doesn't have any housing, traveling medical professionals, Covid refugees (those fleeing larger cities for a smaller one), tourism, and retirees moving here.

There is always demand as the weather and tourism are prime pretty much year round, with peak pricing May-August. are you familiar with the site AirDNA?

  (30k+ on peak tourism months)Both properties have very little overhead, and since they were able to be bought in cash (<150k/ea) the taxes and general operating expenses are low comparatively.I have been in the boutique development space now for around 10 years, and feel comfortable enough at this point with my positioning that I've begun working on plans to do a larger development project. 

We started out doing rental arbitrage in the Disney tourism market in the OC and have since pivoted to primarily managing mid-term rentals throughout LA.

The property was drastically overgrown with vegetation, the backyard looked like Vietnam!

I have been researching repositioning hotels with low vacancy to multifamily/STR, but if it's on Oahu I'm sure it will be worth keeping as a hotel for when Ige lifts all these mandates and tourism kicks off again.