Glad to hear there's a growing network of RE investors from HI. 

I dont know to much about out of state investing but I will try and learn a bit from researching and hopefully networking out to people who starting out investing out of state and has done very well.

Takes lots of time, practice and networking to find great subs, learn your cost, and figure out ARVs.

Also, look for a local REI group so that you can network with.

Network, network, network.

Looking to network with investors in Augusta, Ga.  

Awesome to see people around the world getting involved and networking with other investors here in the states!

Read this recent thread: https://www.biggerpockets.com/forums/51/topics/616...Best to have your tax CPA/EA give you the run down on vacation rentals with personal use involved. 

It does not sound like that is the case.A discussion with your CPA or financial advisor who speaks this particular language would not be a bad idea.

Have a chat with your CPA, but there are some very nice benefits with, say, going to work on your property on Friday and Monday, but then enjoying the weekend at your lake house and being able to deduct travel and some of your meals.Airdna.com is a good resource for estimating vacancy and revenue potential.