(From there find an agency that specializes in the type of project you are looking for, set up Zillow alerts and watch- understand the market you are diving into so you can spot a deal, a good agent should do this for you too!)

My wife and I are interested in expanding to help bump up our cash flow to help at least one of us exit our current W2 jobs but are hesitant to do so given the current market climate. 

Would you caution new investors away from these types of markets?

In my market, if I do not remove contingencies or change the standard agreement I have 17 days to pull out for whatever reason I desire.  

I used it to purchase an off market deal and am about to refinance to pay it off and pull out equity (550K total). 

It’s a part of the state many investors stay away from because they don’t know the market, if you’re from the area and know it well this could be advantage for you!

If you want to work with investors I would invest into cold calling to find deals and then sell them off market to investors.

What ever I can about the real estate market in NZ to be able to understand advavntages, disadvantages, know where to find information and so on.

Then you can be in it for the long haul when the area becomes more developed and the market starts to mature.

I tried using the Rently boxes twice, just didn't seem to work in my market.