Tax shelter schemes, partnerships with foreign partners and accounts, partnerships with hundreds of members, returns with blatant mistakes, entities in questionable businesses, like gambling, drugs, online video sales, escort services.

As a fellow West Aussie who's now living in the US, I can tell you this forum and most of the training/courses you'll see online regarding multifamily investment isn't relevant/applicable in Australia.

This makes targeting distressed sellers, such as those in pre-foreclosure, or those with ballooning debt that was taken out in 2020-2021 when the interest rate was 7.37x lower (8/09/2020 the 10-year treasury was .56%, 1/15/2024 the 10-year treasury is 4.69%) making it very difficult for those that underwrote the property in 2020 to have predicted refinancing at these rates and likely a sale is their only option.

Purchase price: $270,000 Cash invested: $20,000 Sale price: $360,000 Purchased a house to rent out and complete smaller but necessary renovations and cosmetic updates over time.

https://www.lawmrm.com/jon-mcgraw/  Just call and make an appointment or request one online on his site. 

Be careful when you start thinking other sales will equate to the same numbers for your property. 

All nice and cordial on the sales pitch but deliver NOTHING!  

Finding them online and completing an application so they can atleast do an initial underwriting will work.here is min. someone will want to see:2.

That said, everything I read and Realtor friends I speak with confirm that sales are far and few between in residential housing at the moment. 

I have been reading the online resources about getting started, searching the market, and even doing tours, but I am hesitant to jump in and buy a house as I have quite a large amount of student debt.