Hi PC'ers Im a little lost on my investment strategy, I'm from sydney but currently on ground in brisbane doing the rounds looking for a solid IP, Ive got about 300k cash to spend so looking at max spend of about 7-800k Original strategy - Find something LMR1 or 2 on 800m2 plus, rent out, and build townhouses 2-5 years down the track. Something sub 10kms to the city. Problem - Finding the money is not going as far as i thought, finding it hard pinpoint a suburb/area to attack. Liked wynnum as the price point was a little lower than the carina/cannon hill/camp hill/greenslopes/mt gravatt ring. Now I'm thinking do i snap up a couple of townhouses closer into the CBD? or maybe a couple of 500k homes on small blocks a little further out? Then i saw some townhouses in loganlea for 260K returning 340/week.. i guess i am just thinking out loud.. anyone got any suggestions? I am definitely after CG, But a buy and hole strategy just bores me, hence my original LMR zoning theory. Thanks guys.