Rental income in Great Park

We recently bought a 3 bedroom condo in Rise at Great Park. We plan to be in it for about 5-7 years (have kids and will eventually need more space).

Do properties like this make sense to sell and realize the equity gain, or are they viable rental property options?

I know this is a few years out and subjective but am curious how things like Melo Roos and HOAs factor into rentals.

We?re new to real estate but appreciate the advice often shared on this forum, so thanks in advance.

It's all down to the numbers so there are so many variables to give you a solid answer. Generally of course with GP having higher MR makes it a less attractive alternative for a rental property. There are better alternatives if you're looking for cash flow or equity appreciation.

Agree with Cares, given the higher mello roos and HOA there are better options for a rental property even in Irvine.