I'm "on the ground" here in Maui and I do home inspections.... can't remember the last time I did a condo/rental for a true investor - as in, one that is purely buying for profit and not going use the unit. Most units I do are for what I'd call a "mom and pop" investors. Nearing retirement, probably buying with inheritance money or some other windfall and they plan to occupy sometimes, Air BnB/VRBO it others and eventually retire in it. I get the feeling true investors bailed out of Hawaii (or, at least Maui where I am) long ago.