My question is the following:  Why would anyone invest in this deal at all? 

The Lender does not care!  

Then 7 days after we listed, the Maui wildfires changed everything on the island but we were fortunate enough not to lose this investment as it is on the other side of the island.

Welcome @Natalie Johnstone to the world of real estate investing!

Investment Info:Single-family residence fix & flip investment.

For lenders/banks, quality vacation rentals are clearly a unique and reliably performing asset class..For investment properties these lenders typically require a minimum 20-25% down payment but since there is higher gross revenue, the investor can often qualify for a higher loan amount.

Since on of my wonderful BP colleagues already answered it above, I wanted to ask if this person would be open to re-investing the proceeds? 

Refinance: Use the increased equity from the rehab to refinance and pull out capital for future investments.5.

Not many thought a $3 million property was the best first investment.  

To that end I am raising capital to start BRRRR type investing in multifamily homes.