I don't suggest anyone follow me on buying here. Nor do I on any of those cheap regionals I buy, just sharing what I am up to. It does have its risks but I have minimised these. I have found with Cairns units when tenant moves in they stay long term. I will have this rented to a permanent tenant, not as a holiday let so vacancy minimised. I bought it cash, and not after anything really except the opportunity to sell it in the next few years for quadruple what I paid for it and it be covering itself till this day arrives.
Nathan keep up the postings, they are very informative, a great inspiration to many.
On any public forum there will always be a vocal minority that chooses to just nit pick, yet they really come up with sustainable investment ideas of their own.
You are truely a quality member of this forum.