We personally bought a 9 acre farm in the Philippines at a very good rate. That's right, while we have been living here in Idaho for more than two years now, we were able to close some deals in my country. I had to trust a very good friend and her agent to help me find the perfect location. Our goal is to build a retreat center, self-sustaining farm living off the grid, accept cryptocurrency for payments in rentals and for purchasing of our produce.
With the current pandemic situation for the last couple of years, living outside of the city is now being the "preferred" place to be in. Families are now going out of town almost every weekend to get some fresh air.
As I am now working with investors coming from different states outside of Idaho, I am finding good deals that are multi-units, SFR with acreage that can potentially provide passive income. Even SFR can provide a good passive income if rented to specific groups of short term rentals. In this time of market shift and unpredictable outcome of economic situations, we need to think outside the box and as what @Leo Ray mentioned, we need to add strategies to add value.
With regards to off the market, establish good relationships with local realtors and property management team.
If you intentionally look for good deals in the market no matter what is happening around, you will find it. You get what you see.