Expenses should be for the property in a seperate bank account and credit card for accounting purposes. 

Thanks for the tip.

Hello everyone,I have a client with a credit score below 620 which makes it tough to get a loan.

And I just paid back a 32k line of credit I borrowed from a bank at 11.5% interest with no extra fees on Friday I used to buy a house in January with.

However, there are other strategies you can consider to optimize your tax situation:Maximize Deductions: Ensure you're fully utilizing all deductible expenses related to your rentals, such as maintenance, repairs, property management fees, and travel expenses to the properties.Depreciation: Make sure you're taking full advantage of depreciation on the properties, which can significantly reduce taxable income.Cost Segregation Study: For larger properties, a cost segregation study can accelerate depreciation on certain parts of the property, offering more upfront tax savings.1031 Exchange: If you're considering selling any properties, a 1031 exchange allows you to defer capital gains taxes by reinvesting the proceeds into another rental property.Energy-Efficient Improvements: Tax credits may be available for making energy-efficient improvements to your properties.Rod

Does anyone have any tips for specific suburbs to look at that offer a good risk vs. reward mix? 

It would still depend on your credit score/properties performance to qualify.

Have any tips?

The only thing we found that was somewhat interesting was a syndicated deal with extremely stable (national credit tenant) cash flow of 5% and a short-term 3 year hold period, but little to no appreciation.

Do you guys have tips on getting a great bang for your buck appraisal-wise?