Or buy something inland or in Phoenix for cash, keep it rented out, and use it to pay for your rent. Once it’s income-producing, you may be able to mortgage it to about 60% of value, pulling cash out.
$110k cash is actually a decent chunk of change for an individual, considering that AVERAGE net worth in the US is something like $80k for a family. Meaning more like $40k or less per individual. A lot of that “average worth” is also in illiquid real estate.
