[gubamyster]

Real estate in CA is a great investment, even in this market. If you can get in, over the long-term, you can't hardly go wrong. However, you should be represented by a Broker or agent, even if you are buying the house you are renting. You need to have somebody representing your interests, and the seller will pay the commissions.

It sounds like you are also working the tax savings angle, but if you need any specifics, I'm a CPA & a Broker, so maybe I can help.

[DumpsterDiver]

I'm a CPA & a Broker

A mortgage broker?