We are assuming the association there also manages the tourist rentals.

It looks like I'm heading to closing next week on my first deal.

You know the saying two heads are better than one :) Thanks a lot Cody for your input.

As Dion said, be very costly and send you to jail using other's money.Guys (Dave and Dion) your institutional trading is correct and all well and good, but didn't seem at all that the OP was headed this way but taken in this direction.

I'd love to do deals in HI one day, just giving you guys a heads up, I'm sure I'll come knockin!

It's associated with this forum.

., thanks for the heads up.

Residency etc.Ppl will always get new job, relocation, transfersAnd sadly ppl will be over their heads with debt.Ppl will be forced to down sizePpl will be put to homes or die.And on the other side is commercial.

Make sure you head over to the rehabbing / flipping area of the forums and start reading:https://www.biggerpockets.com/forums/67-rehabbing-and-flipping-forumEven if you are going to be doing a lot of the work yourself you still need to understand the market in your area, how to estimate rehab costs, determining ARV, etc.

Networking on/offline Craigslist For rent signs Landlord briefings Landlord associations Casual conversations with rehabbers i see on the street Using all avenues collectively will give you a stronger and effective buyers list.