I budget 10% of rent for repairs, maintenance and capex.

I’m over here on Big Island, up in the Kohala coast, and it offers some resort areas too on the sunny western side similar to Ko Olina on Oahu.So things to consider are:- Which Island- Your budget- Will you be financing or paying cash?  

I would look for a 5 bedroom if it is within your budget.

So you will need $500k marketing budget.3.

It depends what your budget is, how much you value a CPA on your team, etc.

I would first suggest deciding your budget and strategy.

Get on a budget, build your emergency fund, pay off all debts, save up.

However, consider STR seasonality, local regulations, and management demands, and ensure your equity loan and new primary residence costs fit comfortably within your budget.

It might be helpful to narrow down your options by focusing and researching for markets with strong rental demand, growing job markets, and property prices that fit within your budget.

Capex budget was underfunded.