Over the next 2 months, I will analyze my local market (Pearl Ridge to Aiea), identify my “investment team,” determine an appropriate tax shelter vehicle, recruit interested joint venture partners, and position myself financially so that I can make my first “real” investment purchase in the last quarter of 2018.

Here's the catch locals move to continental US in search of a better life while the more affluent can afford to live here , hence move here buy the land with or without a house because that is where the value is next to awesome weather!

@Marcello Oliveri You might check near the TU campus, or in up-and-coming areas such as Pearl District.

We have used continental message solutions and pat live in the past.

I pay for a $1M policy for my agents and use Pearl Insurance.

If so, any pearls of wisdom you'd like to share.Thanks,Ray

Look at a map of the continental US & focus on the lower half of the map - that’s where the real STR money is made.There’s hardly anywhere in the upper half of the US that will earn you the kind of annual revenue that you’ll earn in the lower half of the US - the weather simply doesn’t cooperate in the upper half of the country.

@Marisa Rowe I would assume you have to be pretty close to this number after reading all of your various post about being a globe trotting, multi-continental developer and flipper?

that's a very slow way to scale  lets run the math.you have 250k that buys you two properties.. you look and you look it takes you months to find them maybe more ergo your frustration.you finally find the two pearls.. takes you about 30 days for a normal cash escrow.. now it takes you 30 to 90 days to do the rehab.. and then another 3 months to season in MOST cases to refi.. then your refi takes another month.. and of course your refi appraisal comes in low and you end up leaving money in the deal anyway ( this is quite common but not talked about.) so your going to grow at 2 homes per 7 to 8 months.. now lets say you put 20% down or 25k  on each house and financing them  you can buy 10 in a matter of 6 months.. your going to be 3 to 4 years getting to the same scale.. and if you saved 250k then while you making money on rentals and saving again you probably buy 1 to 2 a year after your first slug of 10...  ???? 

@Franky AikensThe slight edge - Jeff Olson (self discipline, don’t be apathetic about small things) The Richest Man in Babylon - George Samuel Clason(Fictional story that teaches the basic formula of wealth creation)The Good Earth - Pearl S.