I do know that there have been stricter rules and guidelines regarding water runoff and such since much of our ground water eventually impacts the Chesapeake Bay. 

As for my other rents, the tenants have been with me for some time so it won't reflect current rates.My thoughts on LNG suggest it will ensure prices won't fall while its in the construction phase.

There is going to be a substantial amount of time and money to simply maintain the grounds while you are looking for a buyer.

@Kevin KimIs there ever a wrong time to start investing in your future by having the right renter (you will check their back grounds thoroughly) help you pay off your mortgage while enjoying all the tax, HELOC and other benefits extended to multi unit dwelling owners? 

So...to help kick start open discussions on all things real estate for Aussie based members (or for those interested in the Aussie market - given that I have on the ground experience) - feel free to reply to this thread or drop me a line.

I was a journalist for about 20 years in both radio and newspapers, but now I'm trying to get a new business off the ground myself, even though I covered entrepreneurship for a long time and am all too familiar with the long odds of success!

He will be providing 100% of the capital for our flips and I will be doing all of the work on the ground.  

Right now my wife and I are with a little boutique firm here in Lake Oswego called Soldera.. and the owners are all like minded and all do investment's and develop and build.. so there is no conflict with them and the managing broker is an attorney as well so she keeps us well grounded...Of course they won't let me deal with the public at all !!!

I'm currently in the initial phases of talking with the owner, but here is what I know so far:Rents are about half of market...owner is aware of this.  

In the examination phase, you ask excellent questions, carefully prepared, in sequence, which are geared to give you a thorough knowledge of the Seller’s condition or situation.The first thing they do is ask you to fill out a medical history form.