Best places to invest in SoCal/Orange County

[Shalini S.]

We’re looking to buy our first property in Southern California. We rent a 2BR in Irvine, CA but would like to buy a multi-family property and live there for 2-3 years. Two questions:

1) What are good places to buy multi-family property? Irvine is insanely expensive and we don’t see many Multi family properties. We have a toddler too, so in terms of location looking for something in an above average school district?

2) is it better to wait in this economy with the post pandemic uncertainty. We’re wasting almost 3000 in rent and feel like even if we overpay by 5-10k, we may be able to save up some $$$$ that we’re paying as rent if we move out in our own home. Thoughts?