I specialize in helping out-of-state investors with Buy and Hold and BRRRR strategies in San Antonio.

With that being said, if you're comfortable with a long term hold, San Diego and especially coastal, will always be attractive imo. 

The plan is to buy and hold. 

Properties typically on a land lease in communities like this are more difficult to get financing on - so not only check the values but also time it takes for these properties to sell to understand your holding costs

At that point I dont know investing would make any sense, I have heard scary stories I was thinking about short term rentals but that needs constant cleaning after guests and conpetition is very high my friend spent almost 200k out of pockets to buy a property for airbnb and he got 17 bookings per year....

Out-of-state investing makes the most sense for me—it’s impossible to cash flow anywhere near me, and moving wouldn’t make sense because I wouldn’t be able to earn the same wages or find the same kind of jobs.Before this purchase, I already owned two properties: a long-term rental outside Houston, Texas, and a short-term rental in the Sierras in California.

I've been buying SFH's out of state all cash as long term hold rentals.  

Be conservative on your rehab budget, rehab timeline, holding costs, etc.

Many Texas cities are incentivizing developers to build affordable housing units, but challenges remain around keeping these homes accessible long-term.

Yea this is a long-term personal play more than a strict STR deal.