Spread your eggs between multiple pockets rather than everything into one property that may or may not appreciate and cashflow as you forecasted.The only exception that rule would be in Austin, if you live there, or in Phoenix AZ just because the growth in the Phoenix metro is so strong and you can still cashflow there. 

Does anyone have a template/spread sheet they can share that is good?

@Kyle Neimeister highly recommend narrowing your request!

In the past when I am looking for a property manager I google to find all managers with physical offices in close proximity to my properties to narrow my search and ignore all sponsored adds that fake that they are local.Since you have self managed, you will be better equipped to "manage the manager".

Do I want something a bit more active or passive (how much time do I want to spend on this property or property project) That should start help you narrowing things down a little and once you're clear on all of that you'll have different criteria to overlay on when looking at deals in Perth/Melb/USA to fitCheers

Its too narrow of a niche for us to chase and we tend to be all cash anyway.

Unless you have a specific monthly target for your payment you can spread that out to make it a Win/Win.There has been a lot of growth in Denver over the last 2-3 years and new builds as well I just closed on a home for a customer in commerce city they also moved from CA and needed a fresh start. 

Myles, in San Bernardino, didn't see my actions as "chest pumping", he saw logic and common sense, and he joined.Now, while you are gossiping and spreading negative opinions on a thread that has nothing at all to do with you, as you are not in my program and the OP asked for opinions of said program, of which you have none, as you are not in the program Myles is making big money.Miles is now a millionaire less than 6 months into the program.The product is not for everyone.

In theory, if I spread my focus between my market and an out of state market, I may be able to get more volume of flips.

Diversifying into different markets, like Omaha or Austin, can help reduce any lender concerns and also spread your risk.Have you thought about the specfic market for your STR or MTR?