Another interesting factor to California is global warming.

It would be nice if you had a contact who was an actual mason not a marketer.  1930's construction is rare so maybe they cut some corners it was a global depression.  

There are also a lot of foreign investors looking to park cash since US real estate is considered very safe on a global scale.

Pretty confident we slap tariffs on Europe to the tune of 25-30% immediately, and then threaten China/Mexico to impose by July or August if they don't revert or establish some policies to our (trade & immigration) benefit.This overnight belief that we'll kick out 20% of illegal immigrants and impose 30% tariffs globally with seizing Panama, Canada, and Greenland is just a farce.

When you work at a large corporation (national or global) you learn a lot in your role, but also by osmosis, just by observing other people and seeing how projects are developed, business is done etc.

The US taxes global income which dramatically increases the reporting requirements.

If you dont sort out your global cashflow, this may only prolong the inevitable at the expense of your equity.Option 2 would be leave CA and shrink your balance sheet by selling the properties and paying off the CC debt.

You're free to wait 30+ years for them to die and hope their offspring feel different but global warming is quickly turning that desert into mars, so good luck getting anybody to move there.

I have spent 20 years climbing the ladder working for global corporations and that tends to always keep you challenged. 

Nobody owes the affordability being a right, and globally markets perform at a much wider ratio for median income:household, however, America is very local and industry specific.