Do your homework,and then do it again. Don’t wait to feel 100% comfortable with your decisions,that will never happen.Consider the worst scenario and if you then feel confident to go ahead,do it.
A few years ago, when I started investing, I did so on a short term basis, for a period of 12 months only, on each property ,which worked well for me in the recent Tassie climate. Whilst reinvesting a minimal amount back into the properties,I averaged a profit of $120,000 for each in the 12 month period. I became well aqainted with some good people in the business who were looking out for me and I didn’t hesitate going with my gut instincts.