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9
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3
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Michael Daley
3
Votes |
9
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Looking for second investment property in San Diego mid-term/house hack/short-term

Michael Daley
Posted

We bought a house in the SDSU area last year with an attached JADU. We are mid-term leasing the attached studio to travel nurses. 

We are looking to purchase our next property: 2-4 units, $1 - $1.4 mid-term/house hack with 20% down. Prefer light renovations/updates, and ability to force equity with opportunity to add ADU(s).

The MTR market definitely seems to have gotten more competitive in San Diego over the last year. We are looking at mostly central San Diego (Normal Heights, University Heights, Hillcrest, Talmadge, SDSU). Open to La Mesa and West Chula Vista, although I have concerns that they will be tougher to appeal to MTR. We are open to STR and just applied for a license on our current place.

Looking off-market now because on-market is so slim. I know there are a few people on here that do MTR in San Diego, in different areas. Just trying to make a decision on what might work best right now for our next move on buy and hold. Any feedback/insight would be appreciated.

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