Depends on your market and competition.  

This is basically a math problem that will depend on both you personal finances & also how much of this is an investment vs you want a nice house to live in4.

How much depends on what you do for a living.

And, I think most women would choose a midwife that has gone through pregnancy.Like the OBGYN situation, there is a lot a CPA may not know about the rental business from debiting and crediting some journals and filling out line 242 on some Turbo Tax input form.And, understanding the operating details of the rental business are just as different from preparing a tax return as being pregnant is from delivering a baby. 

Depending on the size of your portfolio and what you're doing in real estate, it may or may not be worth it setting up all these entities.I don't run any other businesses. 

I am not very familiar. several thousand acre cattle ranch at todays dollars depending on location will be in the multi millions..

If so thatd be entirely product dependent.

If you choose to move forward, I recommend having a backup plan in case Hawaii outright bans STR.

@Matt Wan Many lenders require wet signatures on at least the Promissory Note but if yours does not, as a US citizen you could do the entire signing anywhere on the planet with a good internet connection + mic + camera via Remote Online Notarization (RON) for less than $200.If wet signatures are required, the answer then depends upon what foreign country you are in.

If you don’t owe then, everything is profit without paying overhead depending on the structure of your lease.