A good place to start your research is http://firb.gov.au/real-estate/ as there are numerous restrictions and duties that have been implemented at a state/federal level in recent years. 

It always depends on numerous factors. 

I also have a GC who I've known since I was 12 and numerous other people in my network whom I can turn to. 

I just closed on my first fourplex, met the tenants yesterday, and one is already giving me a song and dance about this month's rent.

I'm looking for a coach, someone who has done numerous deals and can walk me through all of the steps.

purchase price per door has a direct correlation on long term risk.you will never know on these assets how it works until you have owned them 3 to 5 years and have been through numerous turn overs.

The market is far too efficient for that to occur on a frequent basis.Even if you get the deal of a lifetime, snapping up a house in foreclosure for a song, say – you need to know which renovations to make and which to skip.

What's crazy is that there a numerous "second homes" in this project where the owners obviously have offsite mailing addresses (Monterey, CA). 

I've emailed about it numerous times and they say their IT guys are aware and working on it, but I haven't seen it get much better in quite some time.

It's hard and inefficient to build teams in numerous markets.