For the record, it’s best if you go into real estate investing with the understanding that you MIGHT buy one of of every 10 deals, if you screen your deals well. If you’re just looking at everything in the MLS you MIGHT buy one in 100+.
Also, you’ll get much better deals if you buy in the off season (winter months). I prefer Nov – Dec since you sometimes find people who need to unload by year end for tax reasons.
The ‘off season’ trick may not work in New Zealand since calendar year end happens in the middle of summer for them.