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You'd still need to be able to show that you can service your lifestyle (i.e. rent + about $1100 in other living expenses per month). Also you'd need a very strong c/f+ property for the rental income to cover the mortgage cost that's assumed in the banks borrowing capacity calculators - the...

Hmm i cant see this being allowed to be included as income for servicing purposes. Are there legal ways to include it as income - i'm not sure, a savvy accountant may be able to help here. Maybe you could treat it as income and have it included in tax returns. If so, it may take a couple...