One of the first and biggest decisions to take when you’re launching out into the world of property investment is what house to buy.

Making the right choice here will stand you in good stead for being able to rent the property out easily, thus ensuring a reliable source of income.

HMO stands for houses in multiple occupation or houses of multiple occupancy. This kind of let involves three or more tenants who are not a family and so there are shared facilities such as bathrooms and kitchens in the property. Often it is students sharing a house while studying but it can also be any individuals who are happy to share living space with others.

Finding the right property is crucial when it comes to investing in buy-to-let property. Your decision at this stage can have big influences on your profit down the line, no matter how well you develop or market the property.

So the question is – what should you look for in an investment property?