Best areas for SFH in SD for budget of $700,000 before rehab?

[Brian Carignan]

We are looking into purchasing a rental in the Sd area.  What are the better areas to invest in with a purchase price of $700,000 with a rehab budget total of $150,000?  I'm familiar with SD, just not most places where our purchase limit puts us, thus the inquiry.

What areas do you like under this scenario? 

From a quick scan, Oceanside looks appealing.  Oceanside? Some of Bay Park areas?  South of Balboa Park?

TIA