Need Advice on Hawaii Rental Negative Cash Flow

[Mayur Chaudhari]

We have a Townhouse on Oahu that was originally a primary residence which we turned into a rental back in 2018. We were breaking even at first bhtbhave steadily developed a negative cash flow! The Value has gone up, property tax has gone up and we are no longer exempt because we are not residents and our HOA has gone up also. I just raised the rent $500 on our current tenants and now HOA just went up another $300 last month!

I really don't want to raise rent again on our tenants at least for another year. Does anyone have any ideas on how I can get insurance or property tax down? Does anyone else have experience with a Hawaii home?