They might cut corners on essential structural or system repairs, leading to hidden issues that can be costly to fix later.2.

It will be self managed, I will be near the unit (less than 5 mins away) to clean and take care of any issues.My numbers:Approx Value of Home $240-280kCurrent monthly cost / $860 mo (mortg,ins,tax)Utilities / $250. mo (elec,gas,water,trash,internet)Cost to run as AirbnbApprox monthly cost with STR insurance ($250/mo?)

But in analyzing the numbers, my market it looks like I can pick up land for 35-45k, moving cost 15k, purchase of an older home and rehab 50k.

Maybe someone else can chime in on what those costs could be now. 

I purchased for 136k and seller paid my closing costs.

I don’t doubt that coaching is worth it to scale up quickly but might be good to do a lower cost options and buy a duplex or two at a minimum if you haven’t done so already.

But ends up costing them more.  

I'm cautious about flips given the materials cost in Hawaii, but trying to manage it from the mainland where I currently live (though i'm considering moving to Hawaii to live in a multi-unit I may own).

Competition is high and operation cost is high .My property is in California, so wanted to get ideas from owners who were in my shoes.Any suggestions appreciated.Thanks.

There is many unnecessary structures that have a lot of cost associated with them.