Additional followup: Who all is examining refinancing eligible assets?

The degree of upside and delta is entirely up to you but examine in detail the things I mentioned above for a start.

SETTLEMENT COSTS: Buyer agrees to pay all settlement costs and charges including, but not limited to, all Lender's fees in connection herewith, including title examination and title insurance fees, loan insurance premiums, all document preparation and recording fees, notary fees, survey fees where required, and all recording charges, except those incident to clearing existing encumbrances or title defects, except if Buyer is a Veteran obtaining VA financing, those prohibited to be paid by a Veteran obtaining VA financing,which prohibited charges shall be paid by Seller.

You can calculate it for any property you examine if you want.

I recently finished my licensing exam in Michigan.

I would definitely examine the lease.

Let's examine the data.  

Unless you have a lot of experience in searching and examining title is tough to be sure you have identified all the documents that may affect title and being sure what effect they may have. 

I believe as an attorney in CA you may qualify to skip the salesmen license and work for a broker for a few years before you can take the broker exam.  In

MaldonadoI would do it, you and your wife can examine your finances together and come up with a plan to be leaner.