In other words, will they have equity in the company (sharing the profits and losses) or will they be loaning money to the company and not having an equity position?

(if so, you might be able to get credit for the permits that were paid)Once you can answer those questions, you'll be in a better position to decide on whether or not it's a good deal.

My question is this: what are my best options in my position to parlay what I have into something more.

Of course, once you do this, you are not eligible to borrow again from the plan unless you pay up on the original note.For a person departing a position with pretty good tenure, another potential source of investable funds is a company pension plan (if your employer offers one).

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.