Hi every one, I've been reading around here and trying to educate myself as much as I can and was thinking of a bit of a plan that I'd like people's opinion on. My and my partner (both 33yo) currently live in Melbourne but we'd like to move somewhere more "tropical". We have a property in Darwin that we turned into an IP 4 years ago. (It's fully paid off, worth about 250k at the moment). We would like to buy another one this year but then also build out our Van an travel around Australia. Here is my idea: Buy a PPOR that has needs some renovations (nothing major) to add a bit of equity. Something that has enough outdoor space for me to build up our van. The bank has approved a 425k loan if we use equity from the Darwin property. Take between 1 to 2 years for that and then turn it into an IP while we go travel around the country for about 1 year and decide where we want to settle. Cairns sounds nice as we already have a few friends living there, and i'm quite a bit into diving but I'm afraid we will never much CG. Maybe somewhere around Brisbane... My partner is a pharmacist and it seems she could easily find work, I'd have to do a bit of whatever I can find for the time being. I'd like the property to be close to a neutral (or even positive) cashflow once hit the road. Keen to hear any thought, critics, suggestions or tips you guys might have.