In my experience, lots of section 8 recipients have limited access to personal vehicle.

So how do the banks estimate OpEx? 

George doesn't lend to my personal investment strategy at this point in the market cycle.

Thanks for the reply.The structure would be just like as if I were the bank.

$3,000 for a personal return (filing single) and 6 properties (no LLC or Corp) does not seem reasonable.

I personally think you can, and if the former owner redeems, they get cutover timber land.

If you want a lender for a property on the island, they must have an established bricks and motor bank on the island.

Thinking of applying for HELO or Refinancing my personal home to get down payment for Rental Property.

Under the IRS rules, a person  qualifies as a real estate professional if: (1) more than one-half of the personal services the taxpayer performs in trades or businesses during the tax year are in real property trades or businesses in which the taxpayer materially participates, AND.....(2) hours spent providing personal services in real property trades or businesses in which the taxpayer materially participates total more than 750 during the tax year.Like @Greg Scott and @Russell Brazil mentioned above, I don't believe that you would qualify as a REPS, but if you are going to try it, make sure you document it very well (i.e. with some kind of proof, like time cards, mileage forms, and/or receipts, etc.) so that just in case you do get audited, you at least have something to provide to the IRS agent. 

At the end of the day, everyones ultimate goal is to become the bank and simply lend out a pile of money and collect a return rather than having to do the grunt work of making these assets perform.