Once you have some leads coming in, you'll start to see patterns in what kind of traveler is looking for your place(s).

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.

Are you/your partner(s) foreign nationals or non-permanent resident aliens?

Quote from @Joe S.: Quote from @Dan Zambrano: Hey all,After thinking it over I decided to create a new thread.I am a small time passive real estate investor who has ambitions to expand greatly, first to $20M and perhaps maybe more. i guess I will give a little bit of background on my journey up to now.I am 38 y/o, Electrical Engineer by day, Architectural enthusiast by night.

DM me if you're ever interested in property(s) within an hour of the Harrisburg area.

A sub S election will probably block the free stepped up basis benefit though.

Quote from @Violet Cobb: Hey Michael S Brown, and everyone else who has mentioned me in a comment on here.

Unfortunately most CPA's have not lived through more realistic income tax bracket environments such as the 50s 60’s 70s and 80s……so what I’m saying here is not something that most investors, business-owners, high net worth families, or REI investors are thinking about.

Consider forming an LLC for liability protection or an S-Corp for tax efficiency if flipping frequently.This post does not create a CPA-Client relationship.

Put a lien on the property(s) they own, this is needed by some court action (i.e. lawsuit in civil/criminal court)