Sounds like you know your stuff. Yes you need to build for the market. Too many investors build too hich spec and price themselves out of the market. I stopped investing in Freo could not stand the politics. Problem was not the ferals but the baby boomers who moved to Freo and became reborn activists. Mate spent 2 years arguing with council about the colour of his fence, in the end they gave him a nasty letter but let him off. Cockburn council much better. Good luck.
