Ideally both. I would have to say though that I would like to ultimately end up with a large portfolio of cashflow positive investments. 

Ideally I would like to secure multiple properties sooner rather then late (don't we all) so I've been thinking about following a "buy-lease-refinance-buy" type of model (with a few value adding endeavours for good mix). 

Residential to start, commercial (and industrial?) towards the end. So in short, cashflow mainly with a few growth properties to diversify.

Sound like a plan??