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Thank you guys. All great points to take note. As of now, the current plan is to find a rental near the area we are looking to buy to get our daughters enrolled in the schools so they don't have to switch again in the next couple years.
As far as the relocation fees due to conviction, not sure if we could pull this off. I sent letter to owner stating our circumstances with my wife being pregnant asking for another year lease then we would be gone, but haven't heard anything. I don't necessarily believe the property manager is really doing his job. Technically we didn't really even have a formal month-to-month agreement, more like our 24 month lease agreement ended and they just stay there as needed.
I am concerned about buying too early. Obviously I don't want to repeat the same thing as before. I understand Orange County holds better value, but areas and what we can afford don't necessarily add up with the schools I want to send my daughters to. It's a very difficult dance. If it were just my wife and I, we would make this work, but when my kids are involved, it makes it very difficult.
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