This is a major reason some W-2 employees get into STR, as managing STR could classify you as a real estate professional with enough activity.

Metro's next step is to go after any property zoned RM, which right now is a commercial zoning classified loosely under type 3.

I was looking at their couple of properties they classified as A-Class but after taking a closer look it seems that it is a high-crime rate neighborhood.

Unless the commercial unit can pass as a residential unit to classify the property as a 2-unit residential then this will need to go commercial.

Would these locations be classified as the same market, or are they distinct?  

I agree there is way too few South Africans here on BP.I've scoured P24.com and PrivateProperty.co.za and I've kept an eye on the commercial property sections, as I'm aware multi family is classified under commercial.

I moved to the U.S. back in 2012; you could classify me as an ‘international investor’ buying U.S. real estate, even though I reside here.

But if you are not classified as a real estate professional you cannot use more than $25k of depreciation against other income and depending on your situation that figure may be less.

I have already posted classified ads in the newspaper and on Craigslist.

If you are classifying yourself as a contractor rather than an employee, the earnings won’t be subject to payroll taxes and can be taken as a distribution allowing the S-Corp to avoid paying SE taxes.