We then added about 50%, rounding up to a round number. 

But, regardless of the location, Hawaii always has been and always will be a popular, year-round tourist destination.

One tip: focus on areas with year-round demand and check local regulations early—they can make or break a deal. 

All these replies go round and round Question easy does it work?

Not only do we find the housing market to be a little more manageable, but a lot of people travel there year round. 

-When a tenant moved out, the management company refunded their security deposit but failed to account for damage, such as holes in walls and outlets ripped off the walls, leaving me with repair bills and also tenants moving in without the repairs being done.Stuff like this that is consistent and when I ask questions they are defensive, when I ask for more quotes for high ticket items they are defensive. 

STR management is 20-25% (I would recommend self managing or getting a VA), since income is higher you could probably get away with 5% for maintenance / cap ex but remember you need to cover utilities and cleaning for these units which drives up costs.

I would also suggest using the manual round thermostats not the programmable ones.

Basically, the further you get away from the city the more potential for cashflow, but you're also dealing with a different tenant base that may be tougher to manage.

That brings me to five, two great ways you can make lasting connections this year - Momentum 2025 cohort starts in February, this is an 8-week virtual summit with weekly meetings and what I'm most excited about is that when you get a ticket to Momentum, you'll have the opportunity to join small accountability groups with others from Momentum.