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Nice first post outwork. I suggest you repeat the process from your first purchase, seems to have good results. And I'm sure the more times you develop the better you will get at it.

It's not the number it's the quality. $2k per week you can do more than 5 with ease, but it doesnt' happen overnight. And if not done right you won't get past 1 in some case.

Not if you don't buy an $800k property for your first investment :rolleyes: why not start with something cheaper and manageble that still has decent rent yield (or potential) and possible development (potential) Or If you're keen on a single expensive property with a high yield why not look...

My buffer is cash savings in offset. I try not to go into debt without it (did recently but was short period and too good a deal to pass up, would of just meant tightening of belt for 6months if something was to happen) Some others would also have a LOC set up from existing equity in...

This answers you own questions. Right there if you're bankrupt in 4 months it's not a deal plain and simple. No more questions asked. I aim to have 6months of interest repayments as a buffer at all times, thats 6months without having to change spending habbits. Some people have more some...