Silicon valley struggle is real 😂 Buy primary or continue to rent?

[Hsin-I Hsu]

How should I think about purchasing  our primary residence vs using our money to invest somewhere else when living in the Bay area (San Jose area)?

Both my husband and I have w2 jobs. We have 3 rental properties that produce 8k monthly in total on average. We are paying 5k rent for a 4 bedroom single family house. Supposedly we can then use that 8k plus what we are paying for rent today to pay a 13k mortgage house. BUT SHOULD WE DO IT?

Risks aside (e.g., rental income reduces or we got laid off), is it a good move? Yes, we will be able to live in our own house and not throw away our money in rent, but we will lose all the cash flow because we will need it to cover the primary residence mortgage. 

Or we can continue renting a 2.5M house and only pay 5k for rent. This also tells us if we buy a 2.5M house now, we will lose money if we move and rent this one in the future. We will likely need to sell. 

What do you think?