I am pretty sure there are some foreign national investors doing real estate business in the U.S. while living overseas.

Land Trust, Living Trust, Revocable, Irrevocable, Foreign Trusts, etc etc, the general basic of it is using a self serving spend thrift trust with asset protection provisions in the trust.

TX (or other foreign) series LLC in AZ. 

You consider the 3K+ BAH received from even just lower enlisted (with a base on each side of Oahu), foreign investors, government workers, shortage of non degree requiring jobs, etc.

Of course not to mention investors (large and foreign).In 2018 alone average home prices in SF have risen by 200k reaching 1.6million, crazy when you think of how fast interest rates have risen during the same time.

This now becomes an international issue since you are a foreign investor. 

One just need read the law for a very easy understandingThe preceding sentence shall not apply to any foreign taxes described in subsection (a)(3) or to any taxes described in paragraph (1) and (2) of subsection (a) which are paid or accrued in carrying on a trade or business or an activity described in section 212.And then the reference from the above law to IRS Code 212(1) It has been paid or incurred by the taxpayer during the taxable year (i) for the production or collection of income which, if and when realized, will be required to be included in income for Federal income tax purposes, or (ii) for the management, conservation, or maintenance of property held for the production of such income, or (iii) in connection with the determination, collection, or refund of any tax; and(2) It is an ordinary and necessary expense for any of the purposes stated in subparagraph (1) of this paragraph.And for even simplified version, just look at the IRS guidance on the subject...What Deductions Can I Take as an Owner of Rental Property?

Some of this is foreign money that is being parked here -not for appreciation but merely for safety. 

The goal should be to have insurance and as much as you can get (even an umbrella policy), AND establish an LLC that works with a Asset Management Liability Company, that then works with a Domestic Trust and once you have about 500k-1.5M in assets a Foreign Cook Trust that can be used if an event tiggers the foreign trust.

If anyone has experience in foreign properties and transferring the money and experience with as I have described I would love some guidance.