Hello community, I am wanting to purchase 2 properties for the purpose of having an income from the rent, so a good rental return is necessary. Of course, if a suburb has a good rental return and a potential for capital growth that would be even more desirable I am wanting properties around 250K to 300K. I will be paying cash for both properties and my budget is 550K. I am specifically looking to purchase houses, not units or town houses. A question also came to my mind, whether it would be better for me to buy 1 property at 550K for an income, or 2 cheaper properties to achieve 2 smaller incomes (that together would be a reasonable amount for me to live off)? I plan to live overseas in Asia for a few years while I study, so expenses are not high for me. I grew up in NSW so I know this state pretty well, and I am also familiar with parts of QLD. Given my small budget I imagine that I would be looking at more rural towns rather than capital cities. I am a newbie and have not bought property before, and have had a significant procrastination issue because, to be honest, I am so overwhelmed with this process of researching and then trying to make a decision....this has led me to stay stagnant and make no decisions. I have been overseas for some time and I have decided to come back to Australia to finally go forward with property investment. This is why I am asking the forum for some assistance. I would really appreciate any suggestions for areas that would be a good investment for my plans, and any other helpful information that could assist me in making this step forward. Thank you in advance.