Hi Charles, I'm also based in Honolulu with young kids and in a similar situation to you, have also thought about buying an investment property in Japan that we could use part-time and rent out at other times.

It's a 3 restaurant package in West Virginia (where we already have a base) and includes 1 piece of real estate.

Let them know you are shopping and tell them to give you their best offer (all on the same day), and state you will go with whomever can save you the most money. 

Based on what you shared you are not financially qualified to own real estate.

There are too many factors to consider to just provide base rates for what you're asking. 

If you’d like to offer more flexibility, consider keeping extra supplies in a locked closet and making them available upon request.

I was trying to appeal to the next generation with more app-based management rather than phone calls and emails.  

Builders offered everything from rate buydowns to other buyer incentives to make their homes more attractive.

This concerns me about the potential to maintain a solid tenant base and would likely cause a higher vacancy factor.

@Eric L ConryI would base it on your cash flow NEEDS, not wants.