Burning out from exhaustion or wasting too much time due to lack of knowledge or unrealistic expectations is one of the worst things that can happen to buyers.
The property is already delivering solid returns while I liaise with architects and prepare to lodge a Development Application for the proposed townhouses.
While ownership of an investment property can provide significant financial benefits, many landlords want assurance that their property will provide a steady flow of rental income.
Holiday home investments are a prime example of a well-worn trap many investors fall into: having too narrow a focus when it comes to searching for the best investment property.