Its very interesting reading about this situation..
Maybe you should look at this property in line with your long term plan how is this property helping you grow your portfolio? If it isnt maybe you should get rid of it and use what you learnt to buy the next property.
OR
IS there something you can do to improve its rental yield that would make it either CF+ or CF neutral… I do not think relying on capital gains in coming years is the safest strategy.
I hope as more and more people, this network grows even more I am keen to hear about Steve's great seminar, I wish I could come but at current I am going to another seminar but if anyone is keen I am willing to exchange information!
In relation to what Valkryrie stated in New Zealand with the Kiwisaver and the labour government similar to the FHOG we have a deposit paid by the government for first home buyers. However this excludes property investors.
I think you should really check if FHOG is actually given to property investors first.