I've definitely been eating and breathing podcasts and forums since I was told about the site.  

If so, that certainly will let me breath easier regarding the first issue.  

And yes I live in Bondi and it's summer :) :) I don't envy the cold, but definitely your cash flow lol Hey mate :)Stick your nose in this forum.Read and post, ask questions, etc...Live and breathe it.By committing a couple of hrs per day and doing this over 6months, IMO you will learn more than any paid course can teach you.To start things off, see link below to a blog I wrote for Bigger Pockets with my perception on the different asset classes.http://www.biggerpockets.com/renewsblog/2014/06/28/abcs-real-estate-asset-classes/Bondi hey?

Smiling and dialing, burning that power hour, bothering calling home owners during their dinner, a coked-out caffeinated boss breathing down your neck.

Take it slow, make sure the numbers work, but at some point you have to take a deep breath, feel the fear, and walk through the fire anyway. 

Rents are $680 per unit.Average rents in the area are closer to $750-$800.I can only do about a 5% down payment on this and have some cash left over to breath with or about 16,000k.The 1% rule says that rents should be at $837.50 all four units in order to be a good investment.

Seems like everyone's holding their breath.

If you want to succeed as bad as you want to breathe or (in our case) Provide our family with the life we want to give them.

Stop holding your breath that you will ever close on that deal, put it on the back burner, go find a seller with equity & motivation, then try to put together a deal that will put some cha-ching in your pocket.

In the same breath they talk about adding to the reserves, they are asking the management team the likelihood of taking out loans to revamp the clubhouse, even though we're already iffy on the FHA renewal this year.