It is not worth it to be losing money every month and just hoping that it will get better when you could park that money in a different city where you will experience better cash flow and likely better appreciation and rent growth.

MF Properties don't fluctuate as much some other parts of the country have in the past few years, but we have stable, steady growth. 

Some people probably wouldn't even think about doing this, but with great discipline and being focused on the task at hand it's an advantage for me.

It's important to have a professional handle your finances, whether you're just starting out or have been investing for a long time.In terms of focus, hiring a CPA is especially important if you're investing for long-term growth or developing a complex investment strategy.

I think I'm hesitant because I don't have any experience picking an investment property (and that seems like a bigger task!)

Capital growth?

We added a brand new sleeper sofa (no easy task on Kauai lol) , all new lamps, end tables etc. also added a brand new King size bed.

If you want to capitalize on this growth then become part of it.

Join real estate investment clubs.Have clear investment goals.Understand the local market and potential growth aspects.Get in touch with a local agent or investor and shorten your learning curve and save you a lot of headaches as they tend to understand the market better.All the best!

First, the city has seen significant population growth in recent years, with an estimated 898,553 residents as of 2019.