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.

@Matt OwensOut-of-market investment provides affordability, diversity, and greater returns, but it also involves managerial issues, a lack of local expertise, and travel expenses.

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

The city's diverse economy and relatively affordable home prices contribute to its market stability.

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. 

In every metric of value US is declining but hey, were super diverse, kids can identify as a furry and schools are putting litter boxs in bathrooms for em yeah-us right.