1. Downsize your section - It's about quality, not quantity... Invest in a good neighborhood and house, and don't go too large. The rate of return on large backyards is usually far less favorable.

2. Use hard wearing materials - minimise maintenance costs by choosing building materials that last.

3. Cater for the area - Different locations will attract different types of tenants, so consider who you're trying to satisfy then design a rental property to suit.

4. Depreciate your chattels - While changes to New Zealand law mean you can no longer claim tax deductions on your house depreciation, you can still claim for your chattels like drapes, ovens and heat pumps.

5. Masterbuilders Guarantee - Protect yourself from unexpected costs, with a 10 year materials & workmanship guarantee.

6. Don't over capitalise - Smaller and cheaper houses often provide a better percentage return (yield) than more expensive ones.

7. Avoid the extras - Additional chattels like waste disposals won't command more rent, but they will cost you money if they break.

8. Landscape appropriately - Use hardy plants that require little maintenance, and if your section is small enough, courtyards are better than lawns.

9. Don't get emotional - Although it can be fun building your own rental property, remind yourself you won't be living there. Build a house that gives you the best financial return, period.

10. Leverage your finance - Debt is not a dirty word. Making profit from the banks money can be very smart. Consult with a financial advisor about your person circumstances and ask how you can use your existing equity to build a bigger property port-folio.