In practice, it is all case by case.One of the first hurdles is the economic substance of the setup.

Maybe not the most economical from a time perspective, but it was from a $$ perspective.

I thought they were one of the largest umbrella companies but you’ll certainly find them with any Google search. 

I just finished university with a degree in Economics (23yo now).

As a note... there are properties on the island that are "luxury" but per building department officials my house is the largest residential house on the big island with the biggest residential pool.  

For example:• 2 blocks down from the second largest hospital in the area so perfect for traveling nurses.• Needs lots of new paint, floors, wallboard, plaster repair, fixtures, and updated appliances.3.

Conduct thorough market research to understand rental demand, property appreciation potential, vacancy rates, neighborhood trends, and economic indicators.Please take some time to review your financial goals and develop a strong financial plan for acquiring and overseeing new properties.

Agree with all of @Kevin Sobilo points above with the largest being the legal aspects of using an unfamiliar lease in court.

For example:• 2 blocks down from the second largest hospital in the area so perfect for traveling nurses.• Needs lots of new paint, floors, wallboard, plaster repair, fixtures, and updated appliances.3.

My recommendation is to choose cities in safe and economically diversified areas with above-average income and population growth.