I don’t have enough cash to buy a property outright here in SD, and the real returns are fairly low right now.
I have been looking at crowdfunded companies such as Crowdstreet, but more for commercial property or multi-family.
Invested in a hotel in 2018 and the earnings have been ~10% so far 1 year in. There’s some disadvantages, but provides better diversification outside of CA and away from residential. And only $30-50k of capital needed.
One concern is if rates go up, all the valuations and refinancing can be a problem with commercial property.