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.

In Costa Rica, property condition is a constant variable, far more critical to maintain than the USA. 

But here’s the thing—right now presents a unique opportunity to scoop up investment properties under really favorable conditions.

However, it's a deal in a different state and during the Facetime showing, I could tell the tenants were gross and makes me think they don't care about taking care of the place or their living conditions.

Life sucks, then you die.So will the compensation payouts take decades?

I'm on house number 4 that I've lived in and renovated, so I agree that's a good strategy (I've done it just through life, not actually a purposeful strategy). 

In my opinion that life wouldn't be worth the sacrifice.

The deal will leave the seller at your sons mercy for decades (the life of the loan).

There were some changes to the verbiage allowing STRs under certain conditions in the Open Use zoning district which was a big point of contention in previous hearings. 

Life started moving fast as many probably can understand and I completely fell of track.