Im in the same situation, would be interesting to hear some advice on this, before i go to the acountant.

be patient. ideally country areas are better for cashflow properties. to give you an idea i watched the market of a coastal town for three months before i found one but acted to late. inland its a bit better, theres quite a few to be had around mining towns, but caution is needed as your cashflow is very dependent on the mines themselves.