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Thanks Jon good points, I like it. :)

Ok great thanks for the advice Aaron & Rolf.

Hi, Our property investing strategy is to buy and hold and accelerate wealth through renovating. Currently we own 2 properties in Sydney, worth approximately 1.1M. One is in need of a major cosmetic reno, the other could do with a minor within 5 years (kitchen, 2 bathrooms, floorboards)...