Yep.
First IP was a "higher end" brand new 3x2 DLUG townhouse in a block of 4 in Mentone.
Great spot, beautiful property.
The rent was supposed to be in the $450 p/w range.
Took us 3 months to get a tenant and only at $350.
Sold it 18 months later due to cashflow issues..
After all costs...
