Have you ever had a property literally fall into your lap too good to be true??.

Based on what you have explained here and assuming that all of it is true, than you really only have two options to get it rented1.

Note that you’re dealing with a true bureaucracy.  

I don't think that's true.  

This is true whether those clients were on the optional recordkeeping program or not.I don't have a lot of details and am not personally involved in this program in any way, but I have experience with SEPiraK separately and they are a quality operation.You can reach out to info at sepirak dot com to learn more. 

I also want to say that if you see this as a true passive investment, you'll be in for a surprise because it's anything but....usually.

If you think the money will come you quick in anything you do you’re better off just dreaming about what you want and saving your money and work for someone else to make their dream come true.

If you ever see someone offering terms that are too good to be true, you might as well just post your SS# and banking information on IG.

I am seeing more bureaucracy like inspections and fees, which I can understand because some people let their places become true hazards.I do agree what @John Underwood said and would consider lawyering up. 

Ko Olina is a beautiful spot - and having a vacation home there for your family while focusing on capital appreciation is a smart move.