You're just performing services in exchange for a wage that may or may not happen to be 10% of the gross rent.  

You have a clear strategy in that you have educated yourself and now feel confident to take action.Good luck and best wishes with your REI activities.REI can be very daunting , however, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational and thought provoking ideas relevant to REI.

You must take risks, but, ensure that they are calculated risks.Below are some links to get you started. http://www.biggerpockets.com/startherehttp://www.biggerpockets.com/ubghttp://www.biggerpockets.com/meetSetting up Keyword AlertsHow to Use @Mentions on BiggerPockets25 Tips for Real Estate SuccessLastly, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational and thought provoking ideas relevant to REI.

You must take risks, but, ensure that they are calculated risks.Below are some links to get you started.http://www.biggerpockets.com/startherehttp://www.biggerpockets.com/ubghttp://www.biggerpockets.com/meetSetting up Keyword AlertsHow to Use @Mentions on BiggerPockets25 Tips for Real Estate SuccessLastly, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational and thought provoking ideas relevant to REI.

., you will be at a competitive disadvantage when it comes to many major forms of financing, especially given the currency headwinds you're facing in Oz.

Looking forward to making new connections and exchanging great ideas!

Further down the road I might want to sell utilizing the 1031 exchange or leverage into other properties.  

However, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational and thought provoking ideas relevant to REI.

Given the upfront due diligence costs and lack of standardization of these investments, don't plan on virtual stock exchange any time soon.

Basically, I'm offering them an upgraded place to live (they're currently living in a multi-family unit), in exchange for having a guaranteed renter (that I know & trust) in the home.