So there has been a massive flight to multifamily projects pushing cap rates down to a point where it doesn't really make much sense. 

Own the asset right now, it's really a flight to quality.

Don't buy lottery tickets, your chance of winning is 1 in millions That's all I can think of now

If the property is local, I suggest that you do your own cursory inspection and check for big ticket items.

And for US folks reading Sydney and and EA and WA is a 5 to 6 hour flight apart just like CA  is that far from GA.. 

I had experience with him in the past but it was for lower ticket repairs.

My lawyer was so shocked by their refusal to take our settlement offer that she asked their lawyer if they maybe wanted that we also include a winning lottery ticket into the settlement. 

Also, you should ask a CPA since there are tax consequences if you follow the rules :)It is income like a lottery ticket.

I flew out there recently so my flight and hotel stay added up to $1500 - that pretty much eliminated much of my cash flow for the year.

There are a lot of pilots and flight attendants that live in some of those areas.