So if the homeowner saves energy or goes on a long vacation, they still get charged 100%.

Virtually only ones to have not done well in San Diego RE were those over leveraged at inopportune times.If you want To invest in San Diego, I suggest you save more before starting.  

My suggestions would be in this order:(a) Determine the type of financing you qualify for - this will short cut the process considerably and save time on investment angles and next steps.

You prob have that info. the PM should have been all over that unit though to make sure they knew what was going on. 

Then I save that amount each month in reserves until I need them.

They might be able to save on fees going that route. 

If you had prescreening info that makes it appear that there is no way they meet criteria do you still say the same thing? 

A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.

Here is some info: SF STR FAQAssuming the info is up-to-date, it must be your permanent residence (you must live at the property for a minimum 275 days a year), you can rent unhosted a max of 90 nights a year, you need a business license, and you need to pay the city $925 for a STR certificate.

I'll send you a message as I tried to post his contact info but BP didn't let me post it.