While we know that the ideal property investment is one that will achieve capital growth over time, it's cash flow which sustains your portfolio until that time.
Of course rental returns help pay the mortgage repayments as well as other costs such as council rates and maintenance. So the key is to sustain that all-important rental income and maximising your returns while minimising the risk of extended vacancies when you'll have to fund those costs out of your own back pocket.
Being a good landlord goes hand-in-hand with having a successful property occupied by reliable tenants.
That makes it all the more unfortunate when some investors make simple mistakes, which can have huge repercussions on the quality of their property.