Investment in. Orange County

[Mayra B.]

Hello, we have $300,000 saved to play with. My husband and I don't know what to do. We live in Orange County, CA. We are currently renting a 2bd and need to move to a 3bd because of the new baby. Right now our rent is $2100 and the new rent will be $3,000. We would like to know what to do. We are debt free and never invested in real estate before. Here our options we have thought off. Option 1: should we buy a SFR with a big lot to build a granny flat or ADU Option 2: should we flipping homes here in CA or invest in a different state? Although my husband's business company is located in CA. Option 3: should we keep renting? Your advice would be well appreciated.