The software accomplishes what is needed individually, but I prefer a "one-stop shop" solution. 

These are prime locations, think near downtown or popular tourist destinations where demand for short-term rentals is typically high.

From what I read in Bloomberg, delays in high-demand areas have gone up significantly in the past year.

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.

New landlord question- if I have an individual who wants to rent my place for their parent - who do I have fill out the application?  

Following Up + More details: @carolineOur utilities were also opened using an LLC but since the power had actually been shut off the problem mostly came from ICE sending someone out to turn it back on plus installing a new style meter (which had to be approved by our HOA but that was another matter entirely and not particularly difficult).Opening a bank account with BCR as an individual is easy and you can get an atm card in about 3 days but you will be limited to holding only a thousand dollars in it.

Be conservative because demand can go up or down at any time as can the laws -- a good general rule of thumb for STR is to make sure it still makes sense as an LTR.

Now focus on what you, not what the real estate investment community, want to do after you educate yourself on both sides.If you are interested in selling, I know plenty of individuals looking for a similar home in the Scottsdale area as an investment property and I think you could get a great return right now.

>  Some LP want cash>  Some want alternative real estate>  Some want individual properties currently within the partnership. 

Areas with good rental demand or up-and-coming properties could give you more predictable returns.Do you already have a type of property in mind—like single-family homes, or are you considering duplexes, condos, or other types of flips?