Rates are still somewhat high but are coming down and if you can make the numbers work you will most likey be one of the few buyers so you can scoop up a good deal ! 

We aim to start with flipping houses to build capital for more significant future investments.The high cost of properties in Sydney is challenging ($2M), so we are considering exploring a more distant but cheaper market.Is it a reasonable strategy for first-time investors?

We highly recommend to our clients they use some form of asset protection.

Lastly, I want to make networking and hopefully even finding a potential mentor a high priority.

We have great +750 credit scores, a +6 month emergency fund, money set aside for the down payment (both emergency fund and down payment are cash sitting in a high yield savings and rolling 4 wk treasury) in addition to a taxable brokerage account I have built throughout the years in the event we need to leverage it for a pledge asset line.

Prime Location: Waterfront properties offer unparalleled views and access to recreational activities, making them highly desirable for vacationers.Strong Rental Demand: With the rise of vacation rental platforms, waterfront condos often experience high occupancy rates and attractive rental income potential.Appreciation Potential: Waterfront real estate tends to hold its value well over time, offering the potential for long-term appreciation.Vacation Rental Income Strategies:Marketing Tactics: How do you attract and retain vacation renters for your waterfront condo?

@Vy Lewelcome. i'd read this:https://www.biggerpockets.com/forums/48/topics/1159104-overl...it's gotten especially challenging to invest OOS with prices AND interest rates both so high. 

If your self employment income is not high, it's likely that your deduction saves you more tax than the self employment tax you would pay.

@Feras Saffar-there is nothing you can put in a lease that can prevent everything bad from happening-if you screen for high quality tenants that can help-yes, you will experience turnovers that exceed the cost of the security deposit. 

I would highly recommend connecting with Anderson Business Advisors for a free 45-minute call to see what the best structure for you would be.