I'm 26, live at home, working FT and have available 100k-120k for a deposit and associated property purchasing expenses. I can comfortable loan 450k (not that I intend to). I foresee myself moving out in 18-24 months but would like to have 1 investment prior to this. My query right now is what strategy is best to take in order to get the property to pay for itself or have me making minimal payments in this time. I'd like to buy something I can renovate a little bit in order to boost rents moving forward but am unsure I can save up enough money and complete such a project in this time frame. Assuming property: $500k Loan: $420k Rent @ 3.5% = $17,500 Loan @ 4.5% = $18,900 Expenses = $2,500 Leasing: $1,000 (?) OOP: $5,900 I anticipate to conservatively save at least $250/pw into an offset account. I expect this figure to increase. Firstly, are there any assumptions or questions I am missing or need to ask and most importantly what's would the best type of strategy to look at in order to reduce my servicing needs so I am less encumbered when I move out in in 18-24 months ?? thanks for the advice!