The purchase process in the favela was an adrenaline-filled adventure, to say the least.Last but not least, photos!

My goal going into this adventure is to have 5-10 rental properties with good cash flow in the next 10 years.  

It’s kind of a gamble but I guess you can make an educated bet based on the market, supply/demand, and the quality of management.If you didn’t do that then I do think they’re due back their deposit.On the positive side, it sounds like you have a nice property in a popular area if it rented that quick..Best of luck! 

Horrible timing for us to decide to really step up the investment game and gambling on REI for me and my wife!

This being our first landlord rental adventure there is quite a few things to learn.

Glad to be here and looking forward to this adventure

) LOL. and I laid out the risk factors. and I got 50 up votes.. so you can see there is a divide here on BP between as many doors at what ever cost or method you can get them and risk does not matter because Cash flow rentals are the safest thing to buy in the US and appreciation Is gambling etc etc. 

I may have gotten a slightly better deal had I gambled but It’s not worth the risk of not refinancing earlier.

All in all, do what's right for you and your wife, but choosing Oahu has put me out of my comfort zone in the best way and made me experience adventures, friendships, and culture I never would have on the mainland. 

Wish the most success in your 2020 future adventures!!