If you're not in the green, I'd sell.

And now that the local government went ballistic and maliciously shut most of Airbnb down by scaring citizens and owners with exorbitant penalties (the dark side of the force is strong), this topic is off the table in this paradise until things change.

@Jason Ryerson, That's kind of a "green or blue" kind of question. 

Before diving in, I'd start with David Greene's book on 'Long Distance Real Estate Investing'.

I really like your strategy on networking with locals it reminds me of David Greene’s advice in his book “Long distance Real Estate investing” where he pretty much says to build your core four and find an investor friendly real estate agent to help find deals in those remote markets. 

I am still pretty green but have been soaking up all the information I can get.

It has been a total gut job and we have done most of the work ourselves as most contractors turned green and ran on us.   

Especially in green states.

A little more background.About 80% of the properties we buy are located in the area marked in green below.Note that this area changes over time due to the market slowly changing.

Originally posted by @James Green:@Brian Garrett traditional financing takes to long for most wholesale deals.