@Jonathan OrrYou can find investment properties under $250,000 in various Southern US markets like Atlanta, Jacksonville, Birmingham, Memphis, New Orleans, Houston, San Antonio, and Nashville.

The most ATTRACTIVE short term rental markets WILL have the most regulation (example: SF, Hawaii, San Diego, other coastal cities, etc.). 

Is there reason to believe San Clemente CA is the best chance at upside appreciation on the coast, if one is willing to take cash flow negitives for the next decade with 75% LTV leverage.

I'm also in San Antonio.

When I lived in San Diego, I had to buy my investment properties out of state because I was outpriced for anything local. 

Hi All,Our complex in San Diego had some concrete work done that caused us to have to relocate tenants for 2-3 days.

I manage 17 properties in San Antonio.  

I am searching in San Diego and Orange County areas.

I am attempting to build a new house in san francisco, Ca . 

From looking at a lot of areas like San Francisco to qualify for a DSCR loan you would have to put down a 50% or more down payment.