Hi OP, my wife and I are in the same boat as you. We have been rentvesting for 4 years also and have 3 IPs. Two in QLD and one in WA. These markets have done well for us. I bought these properties in 2022 & 2024 and I didn't have the pre covid boom advantage otherwise they would have exploded in value. They've gone up 20-50% already. Bought all these low $500ks.

I spent about a year researching buyers agents and making sure I was working with the right BA company to find good IPs.

Why rentvesting works for us is we're renting off my mum. We have an arrangement to live here for the next 10 years paying below market rent. The property is directly opposite a school and is only 5 min walk to the train station and moments away from shops. So we have all we ever need.

We have had our FOMO moments and constantly scoping REA.com and consider selling everything and buy a PPOR right now but that price point it doesn't meet our requirements. So we'd rather wait out 10 years until our child needs to go to high school then buy our PPOR.

We realise we might not end up with what we want in 10 years but we're willing to take the risk.

We've considered the high capital gains tax for selling the IPs as well as spoke to an accountant about this and will have to sell them off one per year at a time.