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Hi All, preemptively, this is my first house purchase (EVER). I'm looking at buying an IP that a family member will be renting off me, this family member takes their internet connectivity seriously (Work from home IT professional.) To do their job, ADSL2+ is a must. I put in an offer for...

Hi All, What would you do in my shoes? Situation: owned IP No 1 for 12 months. Paid $400k. Est Val. $400k. (brisbane, market seems to be sitting.) my out of pockets after tax returns are maybe $50-70pw? (a negligible amount) IP is a 3/2/2 25km or so from CBD (Bayside suburbs I guess you...