Your 3 options are 2 of the most restrictive in the country and own of the least.

If your SFR is in Santa Barbara proper (or anywhere in South Country, for that matter), you're probably pulling in $1,500 - $2,500 a month per bedroom.

But based on what I know around the country, there aren't many areas doing well right now with STR's.I will probably keep mine as long as I have a full time renter, but unless short term picks up, I will probably sell.

Why would you want to partner with a newbie investor, from outside the country, to invest in syndications? 

In 2022 the rents increased 12.1% year over year which was the 3rd highest in the entire country per https://www.axios.com/local/cleveland/2023/02/14/cleveland-rent-prices.

Many areas of the country are experiencing an affordability crisis, and most have low inventory.

@Femi AjayiRecommend you do your own research on this and visit the places you consider investingThere are 41,704 zip codes across country and no idea how many on east coastRegarding cash flow and appreciation - they do not go hand in hand.

My market and I suspect most Ca coastal cities have near lowest vacancy, late payment, missed payment, and evictions in the country. 

I moved here for capital markets and real estate and it's the #1 net migration county in the country I don't look anywhere else and I would recommend you don't either. look at ground up construction. everything is killing it down here. 

I go back and forth between wanting to buy a place for myself in CA or just continue renting and instead invest in a cheaper area of the country.