The proximity to lake Tahoe and Ski areas combined with tech companies like Tesla in the area there is a stream of people that come to the area.

I increased the maintenance and Capex for a combined 20% ($5,832 anually), vacancy 8%.  

A blended rate is a combination of interest rates on various loans that gives the total amount of interest on loans aggregated in one.For Example:Loan 1: 10,000.00 @ 4.00% InterestLoan 2: 5,000.00 @  9.00% Interest You're blended rate would be 15,000 in debt @ 5.667%

These updates modernized the property, improved its curb appeal, and increased its market value.

These updates modernized the property, improved its curb appeal, and increased its market value.

This, combined with putting 20% down at 4.375%, allows the place to cashflow nicely.. all things being relative.

Lastly, cities/towns that have well thought out city planning and/or strict zoning if combined with the aforementioned characteristics will almost always lead to supply pressures that work in your favor. 

Together, we negotiated favorable terms with the seller, leveraging our combined expertise to ensure the best possible deal.

Together, we negotiated favorable terms with the seller, leveraging our combined expertise to ensure a beneficial deal.

Combine that with appreciation and it could be a viable option.I also know of two different multi family properties right near the heart of Kailua Kona that are on the market as well.