Their go to fix for problems is a tax increase of some kind.

I'll give him 33% of the rent increases and the strike price for the option will be $2.2 million (107x gross monthly rent - CAP of 7.4% with no vacancy built in). 

Yes, I'd like to see units before buying just to learn the market, get more confident, see what I need to learn.

Hello everyone,Interested to see what are some good ways to increase deductions in order to reduce taxable income.

Other than cycles....I would love to hear any reasons people may be expecting an increase or drop in value in any of these areas.I'm sure other forums discuss this, but I'm starting another one :)

I guess that I wasn’t very clear with my question because I do feel confident with market assessment.

These units are rare to pop up (I stay in one of the units each Summer) and usually are gone in a week....so I know the opportunity is 'there'.The goal is to relocate in 4-6 years and use this as a primary residence (but still travel and use as a vacation rental).I'm confident w/ the rental history of these units and comfortable with cash flow (hate having to initially throw down so much $$......but HI has their 'rules').

That other investor I keep mentioning  wants positive cash flow on day one.You might should call the area's properties and act like a renter fishing around to know their price for renting, their floor plan mix, and are there any specials used to increase their occupancy. 

Sometimes a tenant will play your friend in order to avoid a rent increase.

Great strategy especially if you use the cash out for more investment deals which hopefully increases ROI.