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Its a South Australian thing - Housing Improvement Order for substandard housing. Tenants tend to go after one if they don't like their landlord. When we bought the house (for next to nothing) the previous owner was a drug addict and his tenants were serial house-trashers, leaving a trail of...

Sucks when you can't do what you want, eh? This would be a brilliant investment for us to keep for several years but sadly, need to sell to build. I'll post photos later, still doing a bit of finishing-off painting. Window frames mostly. #$%^ing gloss white paint coming out of my ears now lol...

Ours goes on the market this week. 3br 1900's stone cottage on about 610sqm. Totally gutted and redone so would probably have good depreciation potential. Complete new wiring from the meter box back, new plumbing from the water meter back too. New septic tank on STEDS. New roof (Nov 30th 2010...