It recently dawned on me the idea of a non military affiliated individual assuming a VA loan, would this individual be able to then also gain the benefit of using an IRRRL since they have now acquired a VA loan through assumption?

We had a couple "we buy ugly houses" type companies come in and offer less than even the lot itself is worth.

@Paola Astrid, if so be the case, refi to a conventional investment loan. 

I'm using my VA loan so I don't have to put any money down & can keep money in my account to fund rehab deals. 

All of which nothing will help him because the loan is still in his name. 

And the "hook" is that it's paying 12%+ interest distribution plus depending amount LOANED (one may say invested in a note but again, if a note is a loan, it's not investing is it, it's a loan, a loan is a loan is a loan). 

Not affiliated with either company** 

Total waste of time company.

If your company were to manage the STR in CR how do you deal with matter of safety / home burglaries? 

Hawaiian real estate law differs from other western states significantly, mostly due to its monarchal heritage and the Bishop Trust influence.The basics are the same as would be in California; determine the condition of title ownership (individual(s), estate (including conservatorship, if appropriate) OR fiduciary acting for trust.Use a qualified private money equity lender to make a loan sufficient to buy out the cash-only beneficiaryThe legal community in HI and Big Island in particular is small.