I have 2 IP's @around 90% LVR. Im NG on IP # 2, but after tax return and depreciation it will be neutral to cash flow positive. IP # 1 is cash flow positive by a lot. Im in a stable permanent public service job. I have good SANF with minimum $20,000 in my bank. I've got $23,000 at present and with all my expenses I'm still able to save a bit each month which is good.