If the fed does raise rates this year as anticipated we should all get better returns on our savings accounts, yet (i believe)  vast amounts of money will flee the stock markets in search of safer havens which actually pay some kind of yield.So for now, sadly my liquid assets are staying in a money market account until I can find a good real estate deal that will give some cash on cash return which right now is also very hard to find in Southern California. 

Hi Kevin-There are deals to be found all over Southern California.Your going to love Orange County!

@Dustin Ruhl  one cannot discount that Palo Alto down through the southern part of Santa Clara county probably has the finest weather year round weather than anywhere in the continental US>Along with what attracts  the younger tech workers.. 

I own mostly SFH in Southern California.

@Israel Tab - Please explain to me what the reason would be for an insurance company denying coverage for injuries to one of your tenant's guests.

They were decent in the Southern California area.

Appreciation wise, Investing in SF Area is going to make you 10 times richer than investing in Midwest or southern states.

Maybe something southern that can be used more during the year.

Despite being from the Northwest, and loving the recreation here, I'm finding that the best STR properties are all in the southern half of the US, with better year round weather.Secondly, I would agree that AirDNA or MashVisor are going to critical in your search. 

Your profile stated Israel.