Financially it only makes sense to invest remote if you have a sufficiently large economic delta between the market you live/work and Milwaukee.

@Nik Verret Airbnb and VRBO should be sufficient as you start off.

$120,000/0.06 equals $2,000,000.So in my mind the target should NOT be cash flow but rather building net worth.Despite what the gurus say, sufficient cash flow to be financially free can only come once one has sufficient capital to invest.Let’s be clear I only buy apartment propeties that cash flow but immediate cash flow to put spendable dollars in my pocket is NOT the primary goal.

Clean-up costs- make sure you have sufficient coverage.D. 

If rents don't increase faster than inflation, you won't have sufficient funds to cope with rising costs.

If you are not building in sufficient capex, then these costs could be higher, if not much higher.

Quote from @Jay Hinrichs: Quote from @Don Konipol: Quote from @Jay Hinrichs: Quote from @Don Konipol: I have witnessed many funds that started on sound principles compromise those principles when they couldn’t generate sufficient deal flow to be able to invest the capital that suddenly came into their lap. 

Hawaiian real estate law differs from other western states significantly, mostly due to its monarchal heritage and the Bishop Trust influence.The basics are the same as would be in California; determine the condition of title ownership (individual(s), estate (including conservatorship, if appropriate) OR fiduciary acting for trust.Use a qualified private money equity lender to make a loan sufficient to buy out the cash-only beneficiaryThe legal community in HI and Big Island in particular is small.

The only thing that might give me pause would be if I did not have sufficient capital on a building that was older but had appeared to have significant maintenance issues when I was looking at it to buy.

Is there sufficient confidence in tokens?