With W2 income you will be well positioned to throw some punches in a few years.

Not sure about Aina Nalu though.Anyway, a rough estimate with self managed (which I have seen many mainlanders do) its going to be the $21,450 gross, minus 877.96 for tax, $6,110 maintenance fees/HOA, $12, 454 in mortgage, $400 online vacation rental booking fee, and you end up in the black with positive $1,608.04.Also, a scary number I noticed on Zillow the other day was that home prices will rise a projected 22% on Maui next year.I bit concerning to see that kind of spike.I work in Hotel and Restaurant Management business and so does my father who happens to be in the same room at the moment (he works in a separate resort).In 2009 both resorts were in the 50% occupancy range.

I want to buy non-performing notes from smaller banks on SFR, 1st lien positions and either renegotiate the note for the homeowner, or obtain a DIL to sell to an end buyer.

I am a newcomer on REI, After reading several books and listening to many podcast, I realized that the kind of investment I want to do is buy and hold with positive cash-flow.

I live a family-centered, positive, and healthy lifestyle.

When I say it's a great rental property I mean that it's paid off a 15 year note in less than 12 years and always produced positive cash flow.

You got to make RE work for you, not you for it.Remember: Positive cash flow, investment.....not more debt ;)

Last time I checked, none of the MH investors out there came from CEO positions of Fortune 500 companies with tons of cash in hand...we all worked our tails off to get where we needed to get - and CASH is KING!

We have worked all the numbers and we will have a positive annual cash flow of $20,092 (which I have read is good.)

Before adding more rentals, I'd like to flip some houses to strengthen my cash position and have a lot of questions.