Can I setup a local IDO runtime Host.exe to connect to remote server?

I'm doing some custom assembly coding, and have limited connections to remote computer. 

I can debug on the remote computer using IDO runtime host (sometimes using a wire tap, sometimes using Visual studio debugger).

Is it possible to set up the IDO runtine host.exe on a local machine, then connect it to the server so I can do the wiretap part locally? Would like to be able to to the visual studio debugging locally too if possible.

Thanks