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Here's a site if you want to go green http://www.solarhome.org/solarpanelscenter.html

Irvine still has some land leases. Not everyone in University Park exercised their options, and the area by Streamwood has some.

People need a job before they can buy a house. Irvine was rated the 4Th Worst Big Cities For Jobs by Forbes. http://www.forbes.com/2009/04/27/worst-big-cities-jobs-opinions-columnists-employment_slide_8.html

Orangetree's strength is that it is quiet, out-of-the-way yet in the mild of Irvine, and affordable. It?s weakness is that the houses and people are older.

Are you going to make a profit on the sale? Currently, capital gains taxes are the lowest it's been in years. The president in 2013 may raise them, so why wait to make a little more, and absorb the risk of tax increases, interest increases, economic slow down, and dollar devaluation?

I spent 38 year in SF. The problem with the SF IT field is that you MUST work 6 days a week with no overtime pay. Also, factor in the fact that we OC guys can take the train to Los Angles or San Diego for a multitude of six figure jobs.

Most millionaires are exposed to owning a business, owning property, and owning stocks & bonds. They can compare the returns on each, and they will put their money in the proper vehicle. They usually put about 50% of their net worth in the stock market (it?s more liquid, and easier to diversify...

You don't seem to be hurting for cash. I would get a HELOC on the Chicago home (you can get it for prime minus .25 that's 4.75%) pay the mortgage with that and the collected rent. Wait 1-2 years. Buy the Irvine home. Wait another year for the property values to rebound. Then sell the Chicago...