Hi all, Long time reader here first time poster. I know the title of this post seems like this about to be another one of those early twenties pipe dream posts, however I hope it isn’t. I am currently 21 years old living with parents in Melbourne and roughly 8 years ago i was fortunate enough to inherit half of a house in Melbournes south east with another family member (property is mortgage free). This was initially rented out for 230 a week back then and now fetches 300 dollars per week to which i receive 150 - costs. This money has gone into a trust which i haven’t been able to access until now currently 43k. I currently work part time income 32k and study and have saved up and invested 27k into the share market over time which is now worth 20k due to the recent crash. Not that i am worried about this as it is the nature of investing. I have had the idea of an investment property for some time now and given my position i knew that it could be achievable earlier than most of my peers. I am fascinated by the concept of leverage and that i can gain a greater return on investment by leveraging my portfolio whilst having rental income subsidise the repayments on the loan. My proposed strategy is to purchase a cash flow neutral property south of Brisbane (logan) 250-300k , and then begin to release equity over time and purchase more properties, and have a balance between capital growth and cash flow in order to diversify and maximise my results. I hear a lot of negative talk about the Logan area and i am here to ask a few questions Are the stories surrounding the Logan area as bad as what people say they are or is it a media beat up? Vacancy of my property is my biggest concern. I myself see some attributes that could contribute to positive capital growth over the long term, (20 years plus) the fact that there seems to be a solid train line that runs down there as well as millions of dollars of new infrastructure being constructed seems that it could be a hub of the future. Can anyone see any similarities between the suburbs of the Logan area and that of Dandenong/Noble Park/Springvale in Melbourne, which have all experienced solid capital growth in recent times? Should I be looking elsewhere in Australia to get into the market with my current position or Should i be waiting until i graduate and obtain an income of a lot more than my current 40k pa (work + rental)? I look forward to your responses.