Groups are choosing large short term rentals over renting multiple hotels rooms when they present a value and experience that is compelling.So the THESIS is that the next 18 months present a unique opportunity to buy into hotel property when the prices are distressed in the short-term but the industry has great long-term trends.What research have you found to support or dispute this thesis?

I am all in at 80K the house is valued at $120k.

I hope to start him similar to your plan but quickly transition him to sophisticated value adds. 

They are underperforming rent-wise at the moment, so would be a solid value-add play if you had the capital.Let me know if you have any questions on the Kona market and I would be happy to help out if I can. 

The value of the Land can cause the Loan amount to exceed the Rebuilding (Replacement Cost) in some areas (NY Metro area, LA, DC, etc). 

If there is any value I can provide in return even as an amateur, please let me know!  

And you avoid the property decreasing in value because of higher Hoa fees. 

I'm in a very similar boat and was told to do a DSCR loan you need to wait 3 months seasoning period.Some lenders will allow under 3 months of seasoning however they will use the lower of cost basis and as-is appriased value when underwriting

Durability in harsh environments, long-term value, and integration into existing neighborhoods are all factors to consider.I'm curious to hear your thoughts!

Rent to value ratio is currently terrible here in Austin.