What's the Next Move?

[Nick C.]

BP, 

I bought my first home a few years ago and recently sold it for a solid return. My wife and I had plans to wait it out for a year and buy a single-family house together. However, life has changed lately, and I'm rethinking our strategies. 

I'm interested in a multi-family rental (preferably house-hacking) in Los Angeles, Ca, as my next investment, but I'm not sure if this is the best path forward. 

If you are cash-heavy and ready to invest, what and where would you plant these seeds in the LA market now?

Thanks, 

Nick