Be aware of hidden damages in foreclosed properties, factor in potential vacancy rates, and consider property management for a larger portfolio to streamline operations.

You would get, potentially, the left overs.3.

**A tip when interviewing a potential buyer's agent, ask the agent about the conditions for commission compensation when the seller is not offering full commission percentage to the buyer's agent.

I am wondering if I should let others know about this potentially risky "investment"!?

Are there ways to improving the sound through foam insulation in existing walls?

In terms of cost, you just give up a percentage of the potential collected rents so there normally isn't' an up front cost to send someone to collections. 

Still, I'm concerned about potential tax complications given the property's location in Maui, my residence in California, and my in-laws living in Washington.Am I overlooking anything crucial here?

Since I was a medical student, I've always been passionate about making smart investments for my future, and real estate has piqued my interest for its potential to generate passive income and build long-term wealth.

This would be a non arms length prohibited transaction and would potentially result in the entire IRA being distributed is my understanding...the only way this could be possible is if the OP is or becomes retirement age in the next two years.

I believe due to my citizenship, I could potentially get a hotel license (?)