They are all very engaged and involved so I guess it all boils down to if you want passive invest in T-bills... if you want to earn better- get in the fight.  

But then on the closing side, the attorney side, etc - listing what each potential person who could or should be involved in the transaction and what their role is would probably be helpful for someone getting started.

As for STRs, they need more hands-on involvement and has higher start up costs.

Hey @Leeling Chew,Thanks for sharing all of this and I'm sorry this has all transpired for all parties involved.

If you are considering something like this get a lawyer involved to help guide you as this isn't entry level stuff.

I learned from doing Gene's home study course (and I can share my feedback if you PM me.)

If you're a dead set on being a passive investor, it may take you longer than if you view it as a business and you are involved in it day to day but that's just a guess.

Involving a seller, a buyer, and an end-buyer?

There is so much complexity and risk involved.  

The on-island local contact doesn’t have to be a licensed real estate professional, unless he/she is also involved in real estate activities, like renting or offering to rent the property.And I've had at least one client do cost seg - if you'd like a couple referrals, you're welcome to contact me directly.