switch the zoning or rezone to hotel or a permitted grandfathered zoning instead of looking for the license go bigger and get it permanent not just one unit. loophole but very powerful how a lot of condo development is moving forward in miami they are hotels technically 

There's oddly a lot of This is very true, with this large amount of capital, need to think big like NFL player level.I read financial proforma of class B hotel in Maui, it's pretty darn good, in fact it's perhaps the top ten best performing hotel in US in term of vacancy and RevPAR.STR and stuff like that is more for small investor like us with half to 1 mil buying power, but when it is above 5% you really need to talk to some serious developer/realtor in the island and understand the business.If I have that size of capital I would import contractor from California to finish my project in Kukio LOL Currently in kona there're only few new construction that can still being built, I guess it is selling for 1.5mil and above.

Savoy investors use them for additional fire power when buying deals.

Financial freedom requires a passive income that meets three requirements:Your income outpaces inflation: Inflation continually erodes the purchasing power of a fixed amount of money.

But cash flow is not the real super power of real estate.

It has separate power (zoned commercial) and the rate I pay is cheaper than the main house. 

The investment is the down payment plus the closing costs: 40,500+5500= 46,000.ROI = 4297/46000 = 9.3%GPT doesn't understand the power of leverage?

Timeframe, legal considerations, and best practices going forward of course vary by jurisdiction.You can't count on believing that the family member doesn't already have utilities under their name or similar arrangement that will keep the power on for them.

This way, we can reimburse them for the power we use each month.Please let me know what the best and/or easiest way to handle this would be.Thank you.https://www.amazon.com/DAE-DEM730P-Electric-Submeter-Interna...https://www.amazon.com/Pass-through-Rail-Volts-energy-meter/...

I would say yes because it ultimately effects the borrowers DTI which raises or lowers their purchasing power