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Updated about 1 year ago,
Mortgages are higher than rent in my city. Do I move?
I am trying to break into real estate investing with my first purchase. I live in San Diego, California, and buying something to rent it out doesn't seem like a cash positive or even break even option.
If I live in it a couple years, will this eventually change?
Or to make money, do I move to a city where this isn't the case?
Thank you so much for any advice!