looking to cash out of CA and invest for Cash flow

[Terri Sarappo]

I am researching markets to convert my equity in Oakland property into Cash flow. Do you have  any suggestions of great markets? I live in Sacramento  and would prefer local  but open to other markets. I am retired and debating if I should do a 1031 and carry my loan of 240k or just take my equity and buy for cash. This would be for cash flow and a diversified asset. My time frame is later in the year since since my house is still occupied and I will need to give them time and do some repairs before I sell my house. 

thanks for your help. I have been lurking here for 8 years netting passive income and appreciation so now it time for next stage. 

Terri