Thanks for the reply,

I aim to purchase properties that are cash-flow positive from day one. I don’t mind country towns as long as there have low rental property vacancies rates. For the first property I have a budget of approximately $200,000 but if possible I would like to purchase two $100,000 investments then one $200,000.

To me a cash-flow positive property is properties that the rental income covers all expenses related to the property plus some change left over. I’ve always paid the deposit, settlement and stamp duties and as of the date when the property changes name the property has been self sustainable.

Any advice or suggestions would be appreciated.

Cheers