Seeking advice on short term rental feasibility

[Account Closed]

Hey everyone! 
Thinking of shifting into the luxury short term rental space in Hawaii. The only feasible way for my numbers to work out is if I “self manage” the marketing aspect. We’d have boots-on-the-ground but was curious if anyone has any advice/insights on going with this strategy? 
I simply can’t invest for only equity right now, so breakeven cash flow is important. 

Thanks in advance!

[Andrew Steffens]

@Bryan Vukelich is my go to for all things Hawaii

I will say hiring the right PM can add value.  For example I offer a limited service product in FL at 10% and I can show I am beating the market 10-12% here through marketing on 15+ channels (Abnb, VRBO, Google Vacation Rentals, BDC, Cap 1 Travel, Marriott Homes & Villas, etc).