Firstly I must say this forum has great place for newbie like myself and it has some great property investment gurus !! Inspired by Steve’s book 0-130 properties, I am planning to pursue collecting +ve cashflow properties and then at some later stage buy debt free commercial property, to become financially free in 8-10 years time. I am currently 32. I own a PPOR and house and loan on my name.My family includes myself,spouse and 8 month bub. My Current financial state is as follows Before Tax Income = 130K (myself) + 100k (spouse) [permanent jobs] Loan Balance = 120K Savings in Offset Account = 50K Equity = 340K (current value of the property) - 120K (amount owing on its mortgage) = 220K Need advise on following 1) Setup family trust and company - Since we both are in high tax bracket, I am planning to set up a company and distribute 100% of investment property income to the company as a trust beneficiary. Am I thinking in right direction? Keeping in mind that I have to buy may 8 or 10+ properties to become financially free and would need loan, should I become trustee or setup a 2nd company and make it trustee (I being the director of the company) 2) Deposit Money - Should I use money in offset account or house equity as deposit for my first IP? Adv and Disadvantage of each option? Can I buy IP on trust name using house equity(house is on my name not trust) 3) Location - I am in located in Sydney West. I am aware of advantages of buying regional property but don't have confidence/knowledge on regional areas. Any tip on which regional areas should I focus on? like in NSW lower hunter valley area? Looking forward for your advise and help.