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

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.

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.

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

Pay off debt .

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. 

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. 

Keep in mind you will probably have a deductable to pay first.

The benefit is it is revolving so you can take it out and pay it back multiple times.

I’m continuing to work with the tenant, but we’ll be approaching two weeks late with no signs of plans to pay.