I'm no expert in STRs, but I do know that getting registered for a STR in Long Beach is difficult.

I learned a difficult lesson buying Class C "cash flow on paper" properties in Indianapolis metro area (and I knew that area and lived there before, just not down to a detailed level).

It is difficult (though not impossible) to make condos pencil out for a positive ROI is tough (but not impossible). 

Do you find it difficult to network?

Option 4: 20% down on 2 to 3 properties Also open to hear other ideas, I'm self employed so getting a lender can be a bit more difficult.

I'm not sure if the deals are just difficult at the end of 2024 in to 2025 or I'm just inexperienced.

hey kenneth, It is really difficult and any market right now to find cash flowing deals.

In my area these are rare so they are difficult to set market rent, and I imagine get a lot of wear and tear with a lot of occupants living there. 

$40,000 x 25%(assuming a 25% interest rate on credit cards) = $10,000This is more than the annual cash-flow that you are getting from the rental.I would look at a way to paying off the credit card debt asap.Look to see if you can take a HELOC on the investment property(likely difficult).If you can't you may want to consider selling the proprety.You will also feel a lot of relief of not having credit card debt hanging over you.What is the interest rate on the car loan?

More difficult question that was not asked is do you get rid of these tenants property and I think that is as easy a question.