Owning a home also gives you stability (ie your landlord can't decide to sell your home), flexibility to do what you want to with the home and the money you are paying is paying down your mortgage, not your landlord's.One other question is do you plan on moving anytime soon? 

Below are the Invelo plans and perks: Free Plan receives $50 wallet creditStarter Plan receives $50 wallet credit and 15% off original plan subscription costGrowth Plan receives $100 wallet credit and 15% off original plan subscription costProfessional Plan receives $100 wallet credit and 15% off original plan subscription costSkip tracing is available in the platform for all plans and the pricing can be found here (please scroll to bottom where it says In App Pricing. 

It may also make it easier for your estate planning attorney to line up ownership with your estate plan, assuming a CA-estate plan if a CA resident.

Any advice would be appreciated.I would first talk to a real estate attorney or a foreclosure attorney to make sure that the way you plan to do things passes muster.

Quote from @Ven Bud: After hearing to lot of bp episodes on negative cash flow, I have a question.I am currently living in my primary residence and planning to purchase an investment property, and obviously it is going to be a negative cashflow (bay area), but I am of the opinion that as long as the rent on the investment property is atleast going to be greater than my current primary residence mortgage it can still considered as positive cash flow investment.The investment property is going to be in a much better location (for office commute, bay area proximity) than my primary residence.

The plan is to transition into a new home in 2025 or 2026 while converting this property into a long-term rental.

I also have some cash reserves that I plan to dump into a contingency fund for each unit. 

With patience and a solid plan, you’ll be on your way to building a successful portfolio.Good luck!

Charges for marketing pics, 3-D Tours, Floor plans?

You haven't told us anything about what you plan to do after purchasing the property, so it's not clear how important interest rate is in the long run.