Due to the low price and timing, my full strategy is the following:Buy the property (all cash deal)After getting employment, Cash out refi this property to purchase 3-4 more properties.Cash Flow on the three to four new properties will be $350 per unit (total of $1,400-$1,750)Would like to get some feedback.

We are looking for for deals and struggling to find ones that make sense for our strategy.      

Many investors that use this strategy accept they are basically only having their mortgage payment paid by the tenants.It is a good strategy in order to get into the game.  

I thought I had an exit strategy in place with a mortgage company including terms that were fixed and amortized for 30 years with the understanding they had to season for 6 months.

I was thinking about implementing the subject to strategy just to obtain a property here.

My strategy down the road will be to buy cash, then refinance and pull my money out.

Thanks for weighing in, that's helpful to hear.I'm not in incorporated Sonoma and so there are a number of vacation rentals on my street too.I did live right off the Plaza for a number of years though and you can't beat the location for walkability!

Any other strategies out there?

BRRR is my strategy.

Being that this is a smaller park near an airport, it may not be the best deal depending on your exit strategy.