Investors who are active in gathering data on local trends while working with knowledgeable agents are able to pick neighbourhoods poised for growth and also comprehend how to best mitigate their risks as they prepare to maximize their return.Myth 3: Distressed Properties Are in Bad LocationsAnother misconception is that distressed properties only exist in bad neighborhoods.

Sounds like this could possibly be a Schedule C activity so keep self employment tax in mind.

You need to actively talk to people about what you are doing, ask them for referrals to others that might be interested. 

A local property manager will make this much easier and handle the visits for you.Single-family homes can still do well, even with more apartments popping up, as they cater to tenants who want privacy and space.

@Andrew Wade first narrow down if you want to be an active or passive investor.

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

Learn what people are doing right now in this difficult market and find a way to replicate their success.A lot of people say they are actively investing.

Let me know if you'd like to set up a meeting since we are local.

Please message me and I can answer any questions you may have on real estate, local meetups or the local area.  

Up until November, actively licensed VRD (Vacation Rental Dwellings) could transfer one time to the new owner.