I have a long time horizon but also am always looking to build equity faster.

Their time horizon is shorter than yours. 

Yes.Is a vaccine on the horizon?

@Abel Curiel thank you for the insight, have not considered looking into upstate NY, but it definitely opens up my horizon.

However, what is your business strategy, timeline horizon, and debt tolerance? 

If so then going with a lender that works in the shorter time horizon might be a good idea. 

@Adam H. you can't time the market, and if your time horizon is over the long term as long as you don't buy a bad property you'll still do alright.

(I'm interested in permaculture and regenerative practices.)Anyway, California being what we all know it is, I'm coming around to the fact that isn't going to happen for me here any time soon, and found BP in a search to expand my horizons.

Since the property started as your primary residence the three years immediately following your move out do not count toward non-qualified use (unless there's something new on the horizon I don't know - @Natalie Kolodij?

I wouldn't count on this place appreciating, and would anticipate long vacancy times, and potential evictions on the horizon.