Thanks for the mention Tony,I'm glad to hear that you are happy with our teams performance :)Speak soon mate 

Sometimes the market changes or can't absorb the rents that they want, so they issue concessions to make it appear as if it's performing as intended.

Perform an inspection while you're at it. 

My client bought a 22 unit building and used this strategy and walked out of closing with a check for $800k to perform the rest of the renovations, paid himself back his already expended rehab costs and his entire down payment.  

Start by leveraging your skills to identify undervalued properties, perform cost-efficient renovations, and build sweat equity.

@Nicholas Dillon If you sell a property and perform a 1031 exchange but do not reinvest all the proceeds, the leftover portion (called "boot") is subject to taxation.

Interesting city with a lot of rich history and beautiful architecture. 

At the same time, I like the idea of a beautiful programmable t-stat.The heat is supplied by a brand new furnace.

A good manager can improve performance for a mediocre investment; a bad manager will kill a good investment.

Ko Olina is a beautiful spot - and having a vacation home there for your family while focusing on capital appreciation is a smart move.