Thanks to those who responded I now have a better understanding of how to go about using the eleven second solution. I want however more than positive cashflow from my properties, otherwise it just takes too long to acquire any wealth through them.

Thanks Del, my strategy is to buy and hold over the long term however, if I can make a good gain I will sell if I think the timing is right, and re-invest.

The mining towns are a option although there is a bit more risk involved, if there is a downturn in the industry there will be no one to rent your house. However 250 pwk isn’t bad for a $50 000 house. Oh yeah buy one on stumps incase you have to move it![^]

Thanks to those who replied. The next step is for us is to talk to a mortgage broker.[8D]