Anyone got any advice about rookie mistakes to keep an eye out for while I try to gather info about making my first plunge into the investment property market. I feel that I'm going to make some very middle of the road decisions to try and minimise any mistakes I might make on my first IP. I'm going to stick with the Brisbane market because while it may not be the very best it still looks ok, and I know most of suburbs pros and cons very well (and if I don't I can go and check them out). Middle ring, close to the median price is the general plan (around 500k to invest but don't know if I'll use that much just yet. I just don't want to hamper my serviceability down the track. Thanks for ANY thoughts or suggestions.