With interest rates going back to more normal levels (because the last 10 years they were super low) and me getting closer to when I plan on retiring, I am working on paying off my mortgages, so I have fewer expenses and more money coming in from the rentals...or if I want, I can sell them in 5 years without interest penalties.

I have excellent role-models in my own family of first-generation immigrants who have invested in RE decades ago and now enjoy total financial freedom before retirement.

LTR will probably be the least profitable, but also the most stable and least amount of work. 

I am looking to use the real estate properties cash flow to also build my retirement within this process and I am just not sure how I will be able to build for retirement as well as build my home. 

However, I think from a financial perspective, it's likely a better idea to pay off the debt or add the money either to a taxable brokerage account or a retirement vehicle like an IRA.

The expansion of remote work and general affordability has driven an influx of young and retiring families to coastal communities.

Here are some key recommendations to consider:1.Focus on Emerging Neighborhoods:Look for emerging neighborhoods in Orange County where property prices are still reasonable but expected to appreciate.2.Niche Markets:Consider niche markets like student housing or senior living, which can offer stable rental income.3.BRRRR Strategy:Use the BRRRR method (Buy, Rehab, Rent, Refinance, Repeat) to increase your property’s value and refinance to reinvest.4.Partnerships:Form partnerships with other investors to pool resources and share risks.

I am getting older so I need to not move at a rapid pace but for my goals toward retirement I need to act now.Thank you for your time.

It has been slow moving trend, with ups and downs, but its encouraging to see a stable downtrend. 

Or is your goal to simply add RE assets for a long term retirement plan.