Do you know if there's a government agency I should contact about regulations for group homes? 

But that leaves me asking: If the Indonesian government indeed doesn't want foreigners to own/control land in the country, why would they allow for such an obvious loophole?

You do not get a tag in the government registry that says "Jon right.... wait for it.. .waaaait for it..

Omg, the government is so smart.

The government saw the housing bubble and changed guidlines with fannie and freddie to make the 10 down / 2nd home loan product very expensive (about 4 points to close).

You probably think Section 8 sounds easy because the government pays you, but that's not how it is.

City government under new Mayor administration is already showing signs of improvement over past administration which is encouraging as well. 

Earlier this year, the government did not renew or pass any law to extend bonus depreciation back to 100% after 2027, so the current phase-out schedule remains in place.In the meantime, I would recommend doing some tax planning to assess where you stand in terms of projected tax liability for 2024.

I just can’t see handing the government 30-40% of that 70% in taxes owed.

They argue that tenants wouldn't want to lose their government-supported housing, so they'll be good tenants.