The property is likely a little too expensive for me to qualify for with a conventional loan based on DTI.

They say the average amount of water per day a person uses is 80 to 100 gallons , Lets call it 60 to be conservative .

Second pro is that you get to lower your living expenses or live "rent free" by having your tenants pay for your mortgage payment.

So a loss of about 55k We did a lease to own option so I could immediately take over expenses but keep their primary resident loan and interest rate.We agreed to a deal which would cover all their expenses at closing, their remaining loan balance, and $45,000.

It's very expensive to move a home out, in most cases you'll be paying for it and then it will take several months to replace the home.My favorite model is the RV LOT Model, instead of replacing the lot with a mobile home set up a RV lot.

We would need to know your current operating expenses (and rent) to be able to provide any suggestions.

My goal is to avoid doble taxation, ability to write-off expenses, asset protection and avoiding probate.If anyone can help me with this or refer to an accountant who has experience with cross border real estate transaction, I'll be greatly obliged. 

I am very familiar with the strict zoning laws for Hawaii short term rentals but most Waikiki apartments are either too expensive or leasehold only properties. 

Although , double closing is more expensive , I feel it’s a little more legitimate than assigning.

So a loss of about 55k We did a lease to own option so I could immediately take over expenses but keep their primary resident loan and interest rate.We agreed to a deal which would cover all their expenses at closing, their remaining loan balance, and $45,000.