You could buy with hard money and refinance once stabilized with a tenant in place, so that would be your exit strategy.The point of thinking about exit strategy is simply you need to know what you are going to do with the property because that will affect what you pay and how you structure the deal.As an example, I am planing to buy a 5 unit property.

I fly little planes out of Santa Monica and am always buzzing over Ventura.I wish I could give you better hope, but I have no idea where you will find a) a property in southern CA for under $225k and b) a property that will cash flow much of anything positive, much less $500/month.

They use low level flying planes to capture high resolution images so you can see the condition of the home prior to visit.

Just called the branch office and they sent me all the papers through Fedex.

Many in the flood plane were completely under water.

Last time I was up in a plane flying out of Southern California and looked down, I'm sure I saw a few hundred thousand houses.

When the family had to fly commercial, the kids asked, “Why are all of these people on our plane?”

A rent to own - we kept a majority of the down paymentJust moved a renter into a property he owned with a deposit (this was our first deal actually) And one more rent to own - we kept %40 of the down payment.Just like you we had planed to move slow (sandbag as these other folks are saying) for us that seemed the best may to make sure we stayed out of the red.

Planes and tax deduction reminds me of my early days!

In order to avoid the driving time, he purchased a private plane.