Since Covid this is just the way of the world with STR/MTRs, it can require more cleaning and cause damage but if you want to complete it is a necessity. 

I've also heard of requirements to own for at least one year before you can use the home as a STR.Hawaii is a leftist state that doesn't protect private property rights.

Also, keep in mind that an IN multi member LLC would require a separate tax return, so you would want to budget for extra admin fees.

The city required the road to be extended a few feet, along with water and sewer.

It is an advanced technique that requires expertise and being well funded.Also, once someone has received a notice of foreclosure, it shows on his credit report as a foreclosure and you can Not save his credit by buying the house before the auction.

@Zach HowardThere is no legal requirement for landlords to actually witness lease violations firsthand.

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

If a bank does this, they have no flexibility in their lending and must meet Fannie Mae's and Freddie Mac's requirements in each loan.

I understand Costa Rica may have different requirements, but $600 sounds steep and having to do it every year seems excessive.Thank you to anyone who can give me some advice.

You should require the tenant to carry $100,000 liability.