Hi I would suggest to look into a different area than Psirri unless you only wish to market the property to tourists, in which case it would be ok.

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Also factoring in that majority of the tourist come to Oahu not Big Island I think you might have to lower your occupancy rating.  

Go to the Grand Canon, even off the edge of a cliff they have a tourist attraction with a glass floor bridge and deck, so there can be uses for almost any square foot on the surface of the earth.....you just need to recognize that use. :) 

this would be my first deal and i am not sure if its even worth looking at.listing price is 795,000 (i would offer lower) which is comparable to sfh in the same area.first unit rents at 2400 1b/1bsecond unit rents at 1800 1b/1bthird unit is not permitted and currently rents at 800(this would be my residence in a house hack situation)property tax is 3300 a yearthis is a older house that has been maintained(new roof/siding/kitchens)with little experience i would say this is a b+ a- house in a B B+ neighborhoodproperty is in downtown Napa which gets a lot of tourist activity vacation rentals go for 300 per night averagefinancing is through a partnership passive investor using 200,000 down to get tradition financing title will be in my nameit must be noted this is the first house i have seen with any cash flow. listing prices are high, stock is low and people buy for appreciationthis house is nowhere near the 50% or 2% rules am i crazy for looking at itthanks in advance and let me know if i need to give more infoCasey

I just recently talked with a realtor who is renting out a lakefront property on a weekly basis, and finding a great deal of success doing that, much as they do in strong tourist areas such as the west coast of Michigan, but is doing it right there in Brighton somewhere.

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The tourists may or may not stop coming in 5 years but waco is growing quickly on its own and has numerous reasons for its success that do not involve a tv show or a football program.In my opinion the best reason is small and accessible government!!

I am focused and highly motivated to achieve a large portfolio of real estate worldwide.

Not the tourist side of things .