Hi All, I have a bit of a dilemma which maybe some of you guys can assist with. Currently I have 6 IP's; 5 x 2br townhouses, average purchase price was $230k, loans are avg. $218k and all 5 are rented at avg. $310/week. Returning around $1k/month +ve cash flow. Great locations, waiting list of tenants, never given any problems, I call these my 'Golden Geese' The plan is to keep forever and rental returns will fund my retirement, also while reducing the outstanding loans. Then there's no.6, a waterfront property that has been in my family for 4 generations. It almost bankrupted my father to keep it in the family (long story) and because I had a good income and equity I purchased it from him for the outstanding loan amount, $868k, while market value is around $1.2m. The house is rented at $720/week and mortgage repayments are avg. $3600/month, making it negative cash flow which i don't mind, but am planning to move back to Australia next year and start a family (giving up my tax-free $135k salary) and I know I will have a lot more expenses and a lot less available cash. Option 1. Sell the waterfront heirloom, disappoint my dad, spread the profits over the remaining 5 IP's and collect the sizable cashflow every month. Option 2. Sell the waterfront heirloom, disappoint my dad, use the profits to find/obtain more Golden Geese. Option 3. Sell the 5 Golden Geese, sink the profits into the waterfront house and hope it breaks even/makes a +ve cashflow. Possibly make it PPOR one day. What do you guys/girls think?