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I can afford the $60 per week however it would mean I wouldn't be able to buy another ip for quite some time.... I'd need the ip to be neutral casflow before I can afford to buy another as I'm on a $59 k job. There are also other ongoing expenses & unexpected expenses that need to be paid on...

Yeah but see some people can't afford 5% yields! I won't be making that mistake again!!

I'm considering 2 x $220-$250 k IP's in QLD too !! $Around $470 - $500 k is my limit too! :) Its a stretch of my finances & I won't have much of an equity buffer left if I buy the two so my plan is to sell my underperforming dianella unit to build up my cash buffer. I'd like to spread my risk &...