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Thanks everyone for your replies. I have been beating the numbers and have two options at the moment. My first option was reno and sell however the numbers lean more to reno and hold for the time being anyway. Of course the first consideration is the BUY price. Not right not mine. I will...

Not exactly Invstor. To be honest when I was there I never really had a serious look as the boundry fence was the pool fencing and it was later the agent said part of the fence needed work. I just took it at this stage to put a new fence in for pricing. When I have another look I will check...

It would be better of course to just spend $5000 however its not that simple. When I say its habitable I would live in it no problems but I could / would not put a tenant in it as it is. The place needs a fair amount of structural work and by this I mean pulling wall sheets off and rebuild...

Thanks for the replies. JWR - If I can get it for $150000 I will do that trust me (less if possible) :D, and would be very happy about that. Its not a big issue if I Buy Reno and Hold which is my preferred method, however I felt selling on completion of this one will generate some cash to...

An agent rang me the other day and I looked at a property in Slacks Creek Qld. A number of agents are aware of what I am looking for. This one fits the bill. Anyway looked at the place it needs a lot of work, the agent gave me the building and pest report and I spoke with the Inspector and no...