There's oddly a lot of This is very true, with this large amount of capital, need to think big like NFL player level.I read financial proforma of class B hotel in Maui, it's pretty darn good, in fact it's perhaps the top ten best performing hotel in US in term of vacancy and RevPAR.STR and stuff like that is more for small investor like us with half to 1 mil buying power, but when it is above 5% you really need to talk to some serious developer/realtor in the island and understand the business.If I have that size of capital I would import contractor from California to finish my project in Kukio LOL Currently in kona there're only few new construction that can still being built, I guess it is selling for 1.5mil and above.

We have been happily surprised at the upside available from paying a full, fair price to a mom-and-pop seller, upgrading, increasing revenues, and selling to a higher level buyer (like an institutional player).

Drive around a bit as well - there's still a lot of regional players in billboards if one is operating in your market chances are you'll do better with them. 

Never heard of them before....but your typical real estate "mentoring" guru will invite you to a free 2-3 hour session, and convince you to come to all day on Saturday or 3 day weekend course for $299-$399, when you are at that course, they'll convince you to be a Big Dog player for full on mentoring at $15,000-$50,000.   

I built the property in 2005 each unit is 4 bedrooms 3 bath  in Houston Texas I just spent the weekend masterminding with serious players in the group home space. 

Another great resource is Linkedin, reach out to players in your area and offer to take them out to coffee or lunch.

@Roy Gottesdiener - I am not familiar with the rental market with Kings Mountain specifically, but there is grow happening in that area with the building of the Catawba Two Kings Casino. 

Vegas is a larger market with more new construction, they are getting more sports teams, and trying to diversify the economy past casinos. 

The Casino was packed but not many people shopping around the town or at the beach.

I’d rather throw money at a Columbus turnkey player than in a foreign market with unfamiliar terms of recourse.