If you intend to invest in property you need to be organised.  You should always remember:

1. Property will need maintenance. Do you have a team on hand?
2. If your properties are not all close to hand do you have a trusted person available to check your investment?
3. Have you allowed for and will you be able to manage repayments should a tenant decide to leave?
4. Don’t be naive, get a reference from all prospective tenants – better no tenant than one who won’t pay rent and causes difficulty to you.
5. Keep records, it doesn’t matter if it’s all kept in a biscuit tin.  Keep everything, receipts etc and do up a simple income & expenditure account every year. Make your returns to the Revenue. 
6. Ensure that your are registered with the Local Authority
7. If you intend to sell the property down the line is it really necessary to pay capital as well as interest?  Interest paid can be offset against rental income; the real profit in the entire transaction is the equity that will build up in your property over time.

Metropolitan Finance will be happy to guide you through the process