Aside from that you may be stuck having to save up the money for a future purchase to keep your risks as low as possible starting out.

Mom and Pop landlords are relegated to renting to low quality high risk tenants.

The appreciation on condos in our area are low.

I moved to the Philly suburbs in 2013 and decided to keep that rental because of its low maintenance and good cash-flow.

I have a 5 x 8 utility trailer that is handy as hell , its light , easy to load and holds quite a bit .

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.

However, for a buy and hold strategy, the initial investment is pretty high and the cap rate is low. 

I've looked into them in the past as they would work well for me with low money down, i heard before that you had to pay monthly loan insurance(think it was around $100) and got nervous about it cutting into my cash flow to much.

Mostly low rents and C level neighborhoods. 

It was zoned light commercial, but after going through a long process with the county, I was allowed to build on it using a use permit, and keep the light commercial zoning.