One note on this @Jenny Yu. 

there is no bank, no mortgage, and therefore no due on sale clause.if there is a mortgage in place, and you take the payments over, this is typically referred to as subject-to or sub2 and is much higher risk for everyone involved.

This would apply to your unit.Your biggest concern with setting the rent should be the near future. 1) Your insurance is guaranteed to go up, probably dramatically.  2) You may get an insurance assessment bill to cover the CA Fair Plan losses.

We own a vacation property there and our board is looking to replace our current property manager who is under performing to put it kindly. 

You can find his YouTube channel at:facebook.com/platinumresortassistedliving He is all over this subject and he is in Georgetown, TX.

This is where your qualified intermediary takes title to the new property and holds it until you are able to close on your old property.

We pride ourselves in keeping the forums positive, helpful, and focused on real estate (please, no politics, religion, etc.).

First, and i don't know why nobody else is catching this, you MUST go directly to your broker, sit down and discuss all this with them. 

(This assumes you have a credit card available to pay for any repairs.).

AB 1033 allows ADUs to be sold as condominiums under specific conditions, creating new pathways for homeownership.