Thoughts on my investing strategy?

Hi all.

I am new to the property game but I wanted to share my long term (10+ years) investing strategy and get some feedback and tips.

* Purchase investment grade commercial properties that will replace my annual after tax income after all expenses (roughly 100k a year)
– Minimum yield 8%
– Minimum 5 year lease
– Hubs that have very little or no vacancies
– Businesses that invested 50-100k minimum in fit out

* Use cash flow + my earned income to purchase investment grade residential properties to hold for a minimum of 5-10 years.
– Areas with long term capital growth
– Below market value
– Use interest only loans to reduce holding costs (possibly neutral or positive cash flowed)
– Room to add value through cosmetic renovations

*Sell residential properties for a profit, pay down commercial property debt, purchase more commercial property (debt free if possible)

*Use my now larger cash flow to develop property and re invest profits into buying more commercial property (debt free) building my asset base and increasing cash flow with every completed project.

Thanks for reading, I look forward to hearing your feedback from you all :D