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Originally Posted by Kimmykim
Interest only loans don't really count as mortgages for anything but income tax write-downs.
If you can find a 600k house in Manhattan Beach on the beach, I'll bet you 600 bucks that its going to need about a mil in work to bring it up to community standards. ;)
Now if you'd get back to that email we've been having, neither one of us would have time to worry about this thread! 
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well, i may be off for sure...I don't live out there and haven't been out there in years...but my original fact still remains, I think it is silly to rent any house or apartment for that much money