If you choose to move forward, I recommend having a backup plan in case Hawaii outright bans STR.

From simple rules like permits to outright bans so that is a huge risk IMHO.

There is a very strong effort to ban them completely from R1 zoned areas which has made it very difficult to apply for a permit unless you buy a house which currently has a permit in place.

Investment Info:Small multi-family (2-4 units) buy & hold investment in Banning.

You could set it up as an Airbnb, but that brings me to the next section.Airbnb & STR ValueAlmost all of the major cites, especially Florence, have created bans on new Airbnbin their cities.

Hello BP,I am getting "You are banned or banned from interacting" message while posting.Can you please help me in posting the message.Thanks in advance.

As Plano is a pretty nice clean cut buttoned up type of community they don't seem to have a lot of tolerance even for just a few bad apples.Dallas is considering a ban. 

Are STRs in our area going to get banned?

Check out the federal rules as there is currently a ban in place for most foreigners to buy in Canada. 

@Deena Laugen The City of Naples has completely banned short term rentals (anything under 30 days).