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Yep, that's about it, in a nutshell. D. All of the above. Primarily, it was reduced cashflow. We went from renting with 2 incomes, to a mortgage on 1 income. I kept up my reading - plenty of investment books in the library - but had neither the cashflow nor energy. The 4 IPs are each...

:o The best I did was increase the rent (per unit) from about $60pw to $75pw - yes, that's over about 10 years. The problem I found was that a 1BR unit in a regional area was always just a 1BR unit in a regional area! That price attracts a certain type of tenant. When they were fully...

Short answer is "No" it doesn't sustain our income. The property in SE Melb returns ~$6-8k gross (pre-tax) pa, and that's with the loan significantly paid down (before we knew what we were doing!) Overall, we're about neutral, so it doesn't really cost us anything to control ~$1M of...