Owning rentals on the Big Island, Hawaii.
Hey all, I think I'm posting in the correct forum.
I see that vacation rentals are very popular in Hawaii. I'm looking in the Puna area, south of Hilo.
For anyone who has experience there, what would be better, vacation rentals or long term type rentals?
Would people in Hilo, probably UHH students, rent in an area like Puna? It seems that one could get a good deal on a fixer upper, do some remodeling, and rent for a definite monthly cash flow in that area.
I would be living around Hilo and manage the properties until I could afford a PM company.
I'll answer any questions to help give you more understanding!
Any thoughts appreciated! Thanks!