Ideally I would have 1 flip under my belt before end of Summer. 

I would play this one above the belt, report it to the relevant investment and securities commission. 

My goal is to buy and hold but if I need to adjust strategies just to get a decent deal under my belt than I'm more than willing to adapt.

Without a lot of deals under my belt I'd have the say - THE NEXT ONE - All the deals we have done have been fairly creative so far however.

Doing all that locally let alone from Sydney would be tough, but doable.Again, I can't stress this enough - expect negative equity in buffalo or any rust belt city.

The most common point of failure is the blower, followed by the compressor.

@Antoine Belt i am not sure how much that changes the comps. it all depends on the neighborhood. 

Just use the Voice Recorder app on an iPhone and clip the phone to your belt.

We fell for this one since it was a great property with tennis courts, sand volley ball, 3 laundry onsite, club house opening out to a 40ft x 60ft swimming pool, kids play area, a soccer field and a green belt.

Seriously man, consider walking away from this deal and picking up something a bit easier.I commend your desire to jump in with both feet... but trying to do a studs-out finishing job as your first rodeo is begging for trouble.Get a few more bull rides under your belt before you jump on something like this.