I did buy a website which was expensive and produced nothing, still trying to decide what to do with that sunk cost.

. - Established and actively managed AirBnB's will continue to be consistent income producers with a gradual growth in returns. 

Sounds like you're in the scale/harvesting time so I think you need to determine if this property is something you are happy with the cashflow it would produce as well as the time needed to manage it or hire a property manager, or is it time to take the equity and redeploy it into something more worthwhile like a higher cash flowing investment or creating higher equity in the home you buy down here.

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.

>I'd look to invest in small multi-family 2-4 units with a larger down payment ~50% or more (only way to produce positive cash flow here at the moment) I never understood why one would want to buy cash flow.  

From the Great Recession to Q1 2022 it was easy to find RE that seemed very likely to produce outstanding return. 

🌟 December 2024 Top ROI ZIP, 28262 🌟For the first time ever, only one zip code produced an ROI of 7% or higher!!

Thus the more plants producing the more value.  

See what qualifications people are looking for and do what you have to in the meantime to produce income while you're studying. 

There is some but you FB or local event would produce more.