I have NO IDEA.

I think a new administration brings new ideas and new people.

Why would anyone start the purchase of a property, having zero idea if they can actually execute their business plan? 

I’d love to connect with like-minded investors and learn from those who are navigating this market.For those who said they’d like to connect, feel free to reach out—I’m excited to share ideas and experiences!

I am very new to this idea, so it's possible that one of these options just doesn't make sense.

Would it be a bad idea to buy a single family home built in mid 1930's?

It’s a good idea to confirm you have a path to record title in a way that’s financeable, even though this isn’t a standard fee-simple sale.The big question is whether it’s reasonable to pay a market-rate price when you’re not actually scooping up the land.

If you think about it in any industry less transparency and more friction in the transaction will increase fees/commission vs reducing them.I like the idea as an investor of having different agents, a team of agents maybe 3-4 bringing me deals, but I think less of that will happen now as all will have to have you sign some kind of agreement up front. 

It's usually a very bad idea to go into business with friends or family. 

Perhaps your #6 of repurposing commercial in to multiple small residential units is the best idea I can see in SA as it has had way too many Single Family rental homes added the last few years.