Just bear in mind that trips to Maui involve 'discretionary' funds...A few more things to think about during your due diligence. 1.

The borrower's experience is important, but what's more important is the "Hard Asset," Hard money lenders rely on their due diligence process to determine the potential future value, review the renovation plans to get to that value & sometimes even the contractor.  

I assume you pay HOA dues.

You'll likely pay high premiums, face lots of claim denials due to "pre-existing conditions", and deal with service delays.

Your monthly payment would come out to roughly $2400/month including HOA, taxes, and insurance.

I've researched local markets and don't think Ill have any issues finding a renter at about a 10% return after taxes and insurance. 

I have read mixed reviews on investing in this market due to pro tenant system, high vacancy and very slow price appreciation.

@Isadore NelsonAre you responsible for any transfer taxes upon sale?

Given this is where my major operating expenses fell (beyond taxes and insurance), keeping this cost lower, by average, helps my cash flow.I invest in older neighborhoods, so the 2-4 unit properties, typically have single water meter, maybe single electric, and many have radiator heat with a single boiler.  

Recurring, Single Time Fees, Late Fees) and Tax Support (export financials for tax reporting).Summary:Inaggo is the only completely free option that meets the requirements.