Hi Sean D , An exercise I always do is "reverse engineer" the LO, or Get the Tenant Buyer First.Regardless of population, you can post on CraigsList,2 qty 4 Bedroom 2 B for Lease Option or Cash SFR properties avail in ___ school district.

It's a little bit frustrating that the prices people in other parts of the country are paying for SFR's will barely get you a 1-bedroom condo around here, but I guess that comes with the territory - living in an area with a very stable job market and per capita income on the higher side does have its benefits.

I don’t mind putting in the elbow grease to get this thing going, but I don’t want to have to try to explain to potential investors the creative ways around taxes.

While it slows down investors, these types of restrictions can't stop a creative seller, heck, you can contract the next day and close in six months!

It's 16 550 sq ft 1 bedrooms rent between 800-900 avg about 835 currently, water sewer and taxes are through the roof the buildings assessed at about a mil through the town - I just filed for abatement.

I just don't know if there is a creative way to structure the deal so that I can pay less than 25% down payment

I was born and raised here on Maui and currently live on island and have a rental in south Kihei.I enjoy running the numbers, so have a look at my findings for Aina Nalu.The average price of a 1 bedroom, 1 bath unit in Aina Nalu is $241,667 (last 12 months sales).The average VRBO (vacation rentals by owner) price per night throughout the year is about $130 per night, so at 45% occupancy (conservative), you rent for 165 nights a year for a total gross profit of $21,450 a year.Now to cut away at that with yearly taxes of $877.96.

He is also open to creative financing.

Yah Jerry, very creative.

Here's where I need some creative ideas.