Got back from traveling. 

Way to many investors were buying properties for more then they were worth with hopes of collecting MUCH MORE than market rent.

Also, please note, there are many nuances about the STR market on O'ahu so this is a brief overview.  

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

Study all strategies, markets, etc, and find what fits your strategies.

Together, we have over $200K (mostly in stock market investments), and our parents may help with the down payment.

Focus on learning the basics of MTRs, including their appeal to traveling professionals and the need for furnished properties.

California's probate rules can be drastic in the event of death that having a proper estate plan in place can help in any number of situations, including if just traveling or incapacitated.These are all things you will want to discuss with your attorney and CPA.

I am primarily hosting traveling medical personnel because there is a lot of demand for these professionals in our area and because my units are suited to their needs.

Don't do real estate over the Stock market.