Many people don't realize that you gain as much or more net worth through debt pay-down, and while it's less liquid than cash flow, over a 5-10 yr hold period it's considerable if you buy in the right areas with the right asset class.

It's working out ok other than some latent defects the seller hid from me and my inspector during my due diligence period.

My partner had some taken off from work during her second pregnancy and we have started catching up with finances.

I am curious though, in hindsight, how does an investment in STR in Hawaii in 2012 would compare with other markets over this period of time despite all the regulation headwinds?

They're looking for a stable market that is gobbling up houses just after a slow period so they can still get good deals on land before it gets hot and popular again.  

Period, end of story. 

@Austin TessMany lenders have a seasoning period (typically 6-12 months) before you can refinance.

If you are willing to do this over a long period of time, this can be a great strategy, especially in a low-inventory market.

My advice would be is to talk to multiple investors who have real world, actual success-based experience in flipping over a sustained period.

If she wants paid for canceled appointments, then I would suggest you look for a new cleaner.My policy is to keep all funds if the guests cancels within two weeks of their stay, unless I'm able to rent to someone else for the same period/rate.