Projects that may not make sense for some, will make sense for you if rehab cost is at 70%, comparatively.

An appraiser is not going to use single family homes on the appraisal if they do the bank/lenders Underwriter 100% will ask for more comps that are mobile/manufactured to be compared to subject property.

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?

@Joshua Martin,If there’s a chance you’ll sell next year, a HELOC might be the better move since it typically has lower upfront costs compared to a cash-out refi.

Another way to say is that what is the value of the property (today) compared to what is owed on the loan?

I am curious: what are typical occupancy rates, and how do we measure and compare them?

If you are getting a good deal on a place and it is just a regular-style house, I would run numbers compared to AirDNA and Mashvisor's estimated revenue.

We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

It also helps to show them the amount of interest they can get when they add up 30 years of payments (compared to the sales price). 

If you can manage to keep up with the real estate market in these markets that we have come to hit, and still be able to navigate the unchartered waters.