I wanted to reach out to see if anyone had any advice, strategies, etc. on my first-time rental in Michigan.

The core 4 is David Greene’s long-distance investing strategy and consists of a realtor, contractor, property manager, and lender.

They value a sounding board on deals, situations, or strategy.  

I also don’t pretend to have a massive strategy yet.

I'm not saying don't try it, but I am saying don't let that be your primary strategy. 

Appreciation is definitely a great strategy but I don't see it being as beneficial to cashflow early on in investing.

Agree that amount looks very small another option, not sure what your goal is, but if you are looking to purchase some down the road, change up your strategy and maybe do a personal line of credit for now.

I've struggled to find deals where a positive cash-on-cash return would be possible or even breakeven.Expert advice neededI am curious to hear from other investors what types of house hacking strategies has worked in Hawaii (or similar markets). 

I figured asking would be the best strategy but definitely wanted to have some ranges like you mentioned prior to sounding completely ignorant.

Knowing what you can do first helps determine what strategy makes the most sense.