Ideally, we want the entire process to be managed locally to Hawaii to maintain authenticity and manage logistics effectively (stamps from Hawaii and not the mainland).Unfortunately, I haven't found a local company on the Big Island that offers these services.

I've had interesting experiences with multiple companies offering DSCR's.

Be sure to have a written business plan and run your comps through a reliable software program before placing an offer on a property to make sure the numbers match your goal for the investment.

I know there is a company that offers different rentals to hosts for their STR, but the name isn't coming right now.

I have experienced cash flow anywhere from 10-18% with so much more to offer.

Good Offer!

I finally worked through the analysis paralysis and made my first offer this week!

To successfully invest in a property for steady income, establish your investment standards, research the market thoroughly, assess your financial preparedness, connect with local agents, property managers, lenders, and other investors, analyze properties carefully, consider various financing choices, do your homework before making an offer, and negotiate and finalize the deal.

I can certainly see this as becoming a popular amenity and one that’s easy to offer. 

Thank you, looking forward to both the challenges and rewards REI has to offer.