Eventually, laws were passed that required the Banks to accept Replacement Cost coverage.Suppose you loan $500,000 on a property. 

So, I'd either find a local investment outside of real estate in Perth that makes sense, or team up with someone overseas, perhaps the USA where investing in the right states is very worthwile. 

Of course local might work, but sounds like you already started there. 

.- Address buyer's concerns with reputable local professional and expert evaluations and written estimates.For example if the deck needs to be repaired or replaced, during the contingency period I'll attempt to have at least 1-2 licensed contractors provide written estimates.

Hey Sean, there is a steady demand for rentals due to its proximity to downtown and local amenities.

we’d be managing out of state and I’m not sure I’d be okay with doing that without a local property manager…with gratitude,Juliette

Though if personal use or long term safety are a concern it can make a lot of sense as Disney will always be a market (whereas places like Broken Bow I could see fading from popularity) and unlike many markets there is almost no regulation risk since these properties are built in tourist zones specifically for STR.I own there and manage others so have real world revenue data if you want specifics.Can you suggest some good local real-estate agents that I can reach out? 

First I would call the local utilities and contractors who deal with this stuff to see if your assumption is true.For electricity maybe some sort of generator?

@Sandy Keller many states require a lease to state the owner of the rental property and any property manager/agent for the owner.Check your state laws!

I invest locally in Columbus so free to shoot me anything you're looking at, I'd be happy to provide an opinion!