It’s a city I know well because I built a 12-door portfolio there between 2019 and 2021.Detroit offers a lot of value in terms of affordability and rental demand.

When you go to a Bank or Credit Union, they can only offer you what products that bank or credit union offer.

To me STR and hotel caters to different groups of travelers and so despite competition as long as the travel demand of Hawaii remains (as you pointed out is a robust assumption) I think both will continue to do well.  

Houses are getting some fierce competition and a lot of people are paying all cash (and a little too much imo).

You should have that as a benchmark in mind, since it offers a good return without any effort.

After House Hacking, or if you can’t find a way to House Hack, you should invest where you feel you have a competitive advantage.

Over the years, I’ve seen how a tight knit community sometimes means less competition and more welcoming neighbors.

The seller setting the amount is illogical, and anti competitive because they set the amount under the threat of a group boycott if they offer too little. 

With fluctuating interest rates, tighter lending criteria, and increased competition for properties, securing the right financing has become a key factor in closing deals and maximizing ROI.Are you exploring creative options like BRRRR, partnerships, or seller financing?

I think because it's so competitive to survive in California, and being accustomed to high prices, they view the rest of the country as opportunity.