Thank you guys for the suggestions and help

It can be a great option to subsidize your housing costs, gain appreciation, and benefit from someone else helping to pay down your loan. 

Here are some helpful articles on bigger pockets you can review. 

I'm a mortgage broker if you ever need help looking at deals or getting a client pre-approved reach out anytime I can do alot.

And also not a dig on Brokers  but Brokers can basically offer zero help in most instances if your having issues.. they get paid to close the loan then are out of the picture they have no authority to do workouts or modify terms etc U would be working with the actual lender then.. 

I know you are trying to "help" the homeowner by allowing him to rent the house back and share in the future profits, but this sounds like one of the exact situations those CA laws were developed for.

I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.

I need help jumping into this life!

@Paul Gostanian is there any way I can help you out and learn a few things?

That would help you to address such issues at your end.