I'm only 15 mins in and had to stop but cant wait to dive back in.

if you are sub $1,000,000 you are not much of a target, but if your worth is over $10,000,000 you have some deeper pockets, so you may be more of a target. dont over think it, just get going! 

With the growth in the area, and the fact that space is scarce, I can't see the market taking too much of a dive anytime soon, although we all know it will have to slow down at some point.

Hey Mason, a lot of the numbers are pro forma and once you dive deep in a deal you'll notice the cash flow decrease.

You mention two great points about how getting my license opens up those perks along with a deeper understanding of the industry.

I say find out which one make sense with your situation and take the dive because if you don't... you will be in the same spot asking the same questions  several months from now.

I would also look deeper into your repairs and CapEx budget.

Looking deeper though you’ll find that the city owned utility service cost averages out to $350 a month.

I love Maui, specially diving at the Molokini crater :)one day I'll invest in a place out there! 

After discussing several points I wanted to dive deeper into the merits of large vs small down payments, mainly could a larger down payment make a non-profitable deal more profitable.