I'm having her talk to a CPA/Tax professional in Hawaii Monday to see what our options are.Thanks ahead for any insight.  

(I know I can ask an electrician/HVAC professional but I figured I could get some friendly advice here first).  

I am not a professional accountant so I would check with one for the details but I am almost sure this is the case. 

You have a lot of professionals that live in that area.

These are professionals with additional training and a stricter code of ethics.

@Mike Dymski, Totally agree that a professional investor is an investor in all weather whether they're buying umbrellas or sun screen. 

It's the nature of the business.I wouldn't recommend hiring an agent since most agents aren't familiar or comfortable with the areas you would be investing.Your best bet is to find professionals in all facets of the process in the market you choose then fly in to town for a couple of days.

I've talked to 3 mortgage professionals, and they have all told me no HELOC is possible because I now have something considered to be a multifamily property with a primary loan on a single family property.My goal is to take out a $25k loan to pay my mortgage down and get out of paying PMI. 

Certain buildings will tend to appeal to other types of tenants; professionals would be interested in different things that retail businesses, etc.What amenities are important to you? 

Sure you may get some business from it but operating off of fear and not allowing other professionals to come doesn't make it look like you are coming from a place of giving.