Also i doubt there would not be too much difference between the States and Aus.Actually Keiran there is a world of difference between AU real estate and US real estate, be very careful investing in the US using AU strategies, it simply won't work (trust me, i tried it for 2 years...)And you would not be able to use an Australian first home buyers grant to buy a US property. 

@Lance Liebenow Congrats on getting started in the game brother!

I would be happy to chat with you about some of the opportunities here.If you are new to the game and haven't already, I would recommend reading David Greene's book "Long Distance Real Estate Investing".You can spend $200k flipping houses in any US market.

The Real Estate Game by William J Poorvu3.

They have more skin in the game then you do.Make sure you get clear title.

It seems to me that if the investor has enough skin in the game and the ARV is sufficient, that mitigates a lot of the risk. 

I have been in the retail commercial leasing game for 4.5 years (shopping malls, shopping centers, restaurant and street leasing) as a real estate salesperson.

@Michael Ealyi wish I understood that lol but I’m new to the game and have little knowledge on this stuff.

I'm here for the endurance game though, and have the drive and persistence to learn it all!

Again, other might feel differently here.b) Skin in the game: as a conservative investor, I understand that the dirty secret of industries that the waterfall compensation is in the line with me and incentivizes sponsors to take more risk.