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I already know what to budget for as cost base. If you take too long these deals dissappear. When found you must 98% of the time be prepared to sign on the dotted line unconditional exchange. I always budget for any of these coincidentals.

Nope, its a semi-coastal town actually. Orange is just a price thing at present, the population isnt growing that fast at present, just prices on rumours... Its in the hunter/coffs region.

Thanks guys.... It is in nsw fastest growing regional centre, therefore see long term cap growth aswell. I will not be visiting the property, the renos are conducted remotely and I will do occasional stop in to see progress. the way i look at it is $70k fat if i sell for a few hours in...

Thanks for replys :) Property is based on comparable sales and rents in the area. Reno cost is for tradies to do it, kitchen and bathroom are in tact.... Just needs bottom sheets replaced, the hardi plank fixed, and painted, windows, flexi hose, doors, and toilet, with misc little nick...

http://www.facebook.com/album.php?aid=139153&id=820929172&l=b435dfc5a0 The folder heading says different numbers, but i re negotiated and couldnt change facebook. Enjoy!