I also hope airbnb does not continue to get less host friendly.  

To me STR and hotel caters to different groups of travelers and so despite competition as long as the travel demand of Hawaii remains (as you pointed out is a robust assumption) I think both will continue to do well.  

My advice is to be wise but continue.  

Successful individuals must learn to accept uncertainty, maintain a flexible mindset, and continue to invest.

Market is continuously stable and rents well.

At the numbers you are talking about and where the market is heading you could pick up some very high quality NNN national credit tenant properties as commercial continues to recover. 

Booking.com continues to dominate Airbnb at a high price.more bookings coming in from bdc. none from abb.

Will we see home prices continue to beat year-over-year values yet again!?!?

If you believe it will continue to appreciate (like most of San Antonio), I would hold on to it even if there's a bit of negative cashflow for the first year or two. 

Hindsight Critique•Continue to build relationships to increase deal flow•Property manager (Mercer Hughes) is critical to completing renovations and quick tenant placement•Continue to build relationships with private lenders and personal investors•Have cash available to make quick competitive offersDid you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?