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I'm not too sure what the right thing to do with the ato was, but I was receiving cash so that took care of that. The unsigned tenants was always the dodgy part, the property managers knew and the owners just put up with it due to laziness I suppose. They could have got rid of me and...

I did this in inner sydney (ultimo, pyrmont) for about three years, although I rented large top floor units with 3 bed rooms and rented the rooms out for $440 each to couples. My wife and I payed around $60 rent in total for years. I did get lucky with cheap rents though. Then the...