@Michael Plaks We bought it with the intent of rehabing and renting it out as a rental.

You know who rents out sub $80k houses?

YoY is up 4.5%.Rentals - Availability by MonthThe number of homes for rent continued the downward trend.

This property should cashflow anywhere from $200-800 (net) depending on what I can rent it for/how accurate the comps I've found are.

. * "It's a red state (land lord friendly)"* "rent to value ratio is attractive"* "growing populations, job growth and migration" I realize these remarks can be construed as anecdotal but they come up with frequency nevertheless.  

I'm seeing conditions vary from turnkey/rented to almost tear down. 

What do you want to do with it-rent it, flip it?

Things continued at a snail pace with the rehab and I continued to remind and plead ABC to pay us the rent guarantees.ABC Baltimore promised to continue paying us rent even after the Rent Guarantee expired on Dec 17 2018 because the house was not ready after more than 16 months.

I think you’ll be able to write off the costs of going after the rent but not the missing rent.

Renting on Molokai is already difficult (it is not a major tourist destination), and the climate is not tourism-friendly.