Re: cash out of Calif SFR?
I lived in Texas when I was younger ( I now live in Arizona) and there are lots of nice things about Texas, especially the lack of a state income tax.* However, having spent a significant time each summer in SD (Vista) I prefer the climate and abience of SD county. Tastes and preferences vary, of course.
There are always Real estate deals no matter where you live.* People divorce, go broke, and leave estates and though there are pro's that always work these listings you have a chance to find them, especially if you net work with your friends.* Yes, its easy to move to Texas as well as other places and ride your equity into the sunset.* That is a very valid decision.* However, I bought into North County for an investment/summer getaway and do not regret it at all.* It helps me save on my annual utilities once the temp here in Phoenix gets above 100 in April enough to offsett some of the costs, and I expect that a one bedroom flat will hold its value. 8)