We typically do 4-5 years interest only while paying down the principle balances over time.

Best of luck,Travis Hey Kevin,Since I definitely want to look out for your best interest, I repeat that investing out of state is the best option when you currently live in the very landlord Unfriendly state of CA.In addition, I never wanted a quad to live in as I just never liked the idea of living next to - above or below others.  

At this stage, you can also discuss creative financing options, like seller financing, that might help bridge the gap between what you can afford and what they’d like to get for the property.

Each jurisdiction is different, but typically include a substantial deposit due same day up to full price deposited that day. 

All things being equal, a simpler option would be to terminate the lease with a penalty of one month's rent, agreed to in writing.

Companies typically last only ten years on average.

I would strongly advice consulting with an attorney or financial planner to discuss your options.

Most gurus have their clients journey end the moment they send them the money, they join a facebook group - have overseas VA;s moderate it and provide some old videos that get repurposed.Those who are new and thinking they are creative typically get crushed as they are gambling not investing.

They will be able to update you on what you need to do to help fire proof your home, and if there are any other options to lower insurance like external fire sprinklers, sealing up, attic vents, defensible space, etc.

I assume mountain towns are my only option for cooler in the summer without humidity.