A good lender should understand that.

It's all noise because you shouldn't invest until you have a foundational understanding of what you are doing.

Thanks ChrisIt would great if you could help me understand the type of data analysis needed and if you need such service which I can be of help.

From my understanding you would have to sell the property as a business...a resort style destination with a number of amenities and places to stay.

I understand why you want to avoid a HELOC.

Have some real estate under my belt but looking into Short term rentals opposed to long term rentals.Wondering if there is a stand out book to read to gain understanding for Australian Short Term rental market/AIRBNB.Also if there is a specific group for Australians and short term rentals for Australian market/Australian tax system etc, do point me to that.Rod

We focus on CapEX before beauty. as a realtor we understand selling or renting homes you have to make the home function, Roofing, windows, electrical and plumbing. after we address these we focused on beautify making sure the upgrades match the area and is forward thinking with color scheme, flooring, and flow.

I typically look at Zillow, centimeter and BP to get a full understanding of what rents are in the area to get the best estimate of what a property would rent for. 

So i have to think the buyers your talking about are not locals who understand the local dynamics but coast buyers who dont understand that list price is just the starting point..

Many people start out active because they want exposure to real estate and don't know that you can start out passive - you can effectively hire the asset manager and supply capital to the investment.You can have great success as an active or a passive investor - but it is important to understand the difference and to select whichever option matches your skills and resources the best.Good luck!