Moving to Oxnard, CA for work. 4-Plex on an FHA good idea?
Hi there! So I recently got word that my wife and our soon-to-be-newborn will be heading to Oxnard, CA this coming Summer, and will be living there for the next few years. I own a few properties now (3 doors currently) and was torn between 2 strategies. I was considering just renting in California and buying more rentals in Indianapolis, or using the housing money I'll get every month to buy a 3 or 4 plex and living in one of the units, then renting out ours when we move away down the road (or selling if that makes more sense).
Any tips or investors with experience in the areas west of LA? Also any experience with Camarillo, Ventura or any of the surrounding area would be appreciated as I don't necessarily need to live in Oxnard, just within commuting distance.