They are cash flow positive and have over 1B in assets ( net is close to 350million ) I’m only thinking that the seller wanted to make it attractive to sell his building having no renewal option which can give some leverage to new owner.

As far as I can tell Airbnb does not yet offer that capability in Hawaii.I met with a few agents and cleaners while on island and their feedback was that it should be cash flowing nicely without any major repairs or upgrades.

Any feedback is appreciated!

Thanks for the feedback everyone!

I suspect this would happen if various parties were given the ability to ask questions in nearly every application for what this thread touches on - and I have major concerns about integrity (and credibility) issues involved in putting yourself in a position to defend this position if ever challenged. 

The position can also always be hedged so investor doesn’t really lost a value while we receive the cash flow. 

Quote from @Alex Pondville: Thank you very much for your feedback @Mike Neubauer ! 

This creates a negative initial position.

House hacking is not dead, but in general, house hacking with a net positive is a lot harder to come by right now.

Any feedback/updates since this post was created?