Not likely), vacancy (@ 8% for me), and a possible PM (10% normally).I recommend you reach out to a local seasoned investor and have them run your #s with you, as the #s depend on how you manage it (how hands on you are) and also local pricing.

Would love to connect with local RE agents and have an idea of the market situation in SA.

Thanks as always.RL Local PM here, we develop and have a wide portfolio, happy to model a cashflow analysis and if possible, find ways to increase your properties income.

I’ll obviously contact a local attorney but any advice or suggestions would be helpful.  

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

What's the zoning on the property and do you have a relationship or contact with the local rep? 

Nevertheless I am local now and I have that real estate desire (which never went away).

Going to start by checking into local REÍ meetups and talking to some friends and family that are doing what I’d like to.

A quick call with a local attorney can set the record straight and help you navigate this without drama.

Are you considering expanding locally or branching out to other areas?