Condo in Orange County vs Single family home in Inland empire

[Kareena Sharma]

I am a first time investor debating and having a hard time to decide if it would be better to buy

Condo in Orange County vs Single family home in Inland empire. This will be first investment property for rental purpose.

Cash flow wise Inland empire SFR comes close as condos in orange county have minimum $300-$400 HOA which makes the cash flow negative. However, I m not sure if appreciation in Orange county outweighs the neutral cash flow in inland empire.

Any thoughts? Any experiences? Any inputs will be greatly appreciated. thank you.