Ko Olina is a beautiful spot - and having a vacation home there for your family while focusing on capital appreciation is a smart move. 

One of them told me they only have to provide 15 days notice, which doesn’t help if I am on vacation for a few weeks or haven’t checked my PO Box in a few weeks.

Farmers Insurance has a vacation rental division called Foremost. 

The first thing I want to point out is that it may be wise, in your thinking, to separate the property itself from the STR business that's being run from the property.In the old days (as recent as 10 years ago), people buy a vacation home to enjoy, and they leave it empty when not in use. 

Am I correct in thinking that with the two units vacating soon, the property will be entirely vacant in 2 months if you also move out?

If I liked to travel I’d be writing this from one of those year long around the world cruises. 

If/when you do move, renting your vacated unit will provide even more cashflow.

I'm a big fan of lakefront properties as vacation rentals, and the area these cabins are in is popular for tourists, so I felt confident in the deal.How did you find this deal and how did you negotiate it?

I just finished the BP book by Avery Carl and am hoping to borrow from ourselves to fund our first vacation rental. 

@Elmer Urias I ended up buying a vacation rental on Emerald Isle NC instead of Ocala.