Currently my short-term management property is managed by the property management company.

I have a duplex that I rent out long term and cashflow $1100 a month. 

@Jose Mejia this is pretty simple to do. 

I would echo most of the above in terms of screening process/flow. 

His reason was the only thing he knew to do with the proceeds was to loan it back out at 12%, and he would be "behind" where he is now in cashflow.His proceeds would have given him options up to and including PE, but he is a simple man and in his case holding was the option for now. 

Investing in real estate is a long term way to build wealth.

For long-term planning, consider transferring the property into a trust to manage tax and legal complexities.This post does not create a CPA-Client relationship.

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

Land leases often complicate financing, limiting your buyer pool, especially if lease terms are unfavorable or the remaining lease duration is short.

Curious how this will play out in the courts (granted it's LTR) and affect pricing products used for STR such as PriceLabs (which I use but have to seriously manually adjust for very specific reasons). I'm aware that ...