[danzvtil]

It will either be the best thing you have ever done or a complete nightmare.
I used to have 2 places rented out for 5 years, with good tenants. I sold them off to finalize my divorce. It was all negative geared, but I still maintain if I had put the amount I topped the mortgages up per week into the bank, then I would have been well and truly in front with none of the risk.
My family are involved with property management and they have some horror stories to tell.
What is your ultimate goal for the properties? The standard answer is to "live off the income in retirement", the problem here is most investors go interest only for at least a decade meaning there will be no equity come retirement time.
Myself, I would love to buy again and add value thru renovations, but I simply don't trust the govt with negative gearing/land tax and increased compliance put on landlords.
All my money is now going to pay off my principle place of residence.