looking to invest/buy hostel

Hey everyone! 

My partner and I are looking to buy a hostel...now,we have absolutely zero experience in owning business,let alone hostel. But,we both have many skills and the heart for it. Our dream is to own a hostel,and I guess we are nearly at the point of being able to do so financially. We both live in Australia currently although we are from England. We are 31 and 29 and absolutely LOVE travelling (of course). We are eager to learn and we know it would be a bumpy road to get to a point where we can have a smooth business. Obviously with covid,alot of people are selling up and we feel like we should just make the jump and invest. I mean,we can't wait forever and we are so willing to give it a go. I guess we are after some advice and so on. Has anyone been in the same boat? Everyone has to start somewhere :) location wise,we are not restricted to anywhere but South America or Asia would be where we would want though. Our budget isn't huge but lets see whats available 

Thanks

Toby