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$150k cash? Buy a condo for 2/3 downpayment in the mid-200k range. Escondido or somewhere. e.g….
https://www.realtor.com/realestateandhomes-detail/340-W-15th-Ave-Unit-4_Escondido_CA_92025_M17067-31424?view=qv
With over 50% down, you should have little issue getting a loan for the rest since they’re now lending based on rental income potential.