I would rather invest in safe markets that produce a good return, then I can use that income to pay for a vacation anywhere in the world.I'm very pessimistic about the STR market in Hawaii.

If you're going to start in a market you're eventually going to live in, I think that's a stronger case for that market."

I have purchased an off-market property from an investor who now wants to sell the rest of his portfolio.

Financing OptionsParent Loan Options: Consider home equity loans, investment property mortgages, or co-signing a loan.Tax Implications: Speak with a financial advisor about potential deductions and capital gains.Rental Income Potential: Explore the option of renting out extra rooms to offset costs.5.

Meaning, if you take the money only, you would have depreciation recapture from your cost basis up to the original purchase price of the building (not including the land cost because it wasn't depreciable), plus a capital gain up to the insurance proceeds.Hope this makes sense. 

You are not going to make anything on it, so you will not have to worry about capital gains. 

We own SFHs in Columbia SC and like that market.

I recommend starting with multifamily if you're just getting started with limited capital.

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

The issue I see is that market has historical appreciation below average (not bad, but slightly poor).