Denise, an Australian resident, is a self-funded retiree from Sydney, who is planning, this year, on moving to Hobart and purchasing a home. This will be the first home she had ever purchased. She has been looking at three-bedroom, two-bathroom properties with parking for three cars, and a reasonably sized outdoor entertaining area. Her plan is to live in the property, while letting two of the bedrooms as Airbnb, for up to 4 guests. Currently, she has $700,000 in her account with the Commonwealth Bank. As she has an income stream from her investments of $4,000 per fortnight, she is prepared to put up to $450,000 of her savings (but is somewhat flexible with this figure) towards the purchase of the property, making up the short-fall with a bank-loan. The Commonwealth Bank has already pre-approved her for a home loan of up to $350,000. However, of course, she would like to take on the lowest debt possible, while making the highest possible profit from the Airbnb.