Positive Cashflow properties?

Hi,

New to investing and just finished reading 2-3 books including 0-130 properties in 3 years by Steve McKinght.

The proposition of positive cashflow properties seems very attractive but it seems impossible to find one. I have searched for over a week using mostly online resources and have not been able to spot a single positive cash flow property. Specially in Sydney, prices are too hyped up and its even difficult to find properties with atleast 5% ROI.

Does that mean Steve’s model fails in a hyped up market or I need to improve my searching method to find the hidden gems that are still there despite everybody looking for them?

thanks