Flood insurance is influenced by how far the living level is above the base flood elevation level and where the mechanicals are.

Only the rich kids get the Austin Stone Elevation.

Are they rated homes or will you be using elevated levels of insulation and labeling it energy efficient?

@Vlad KuzinHere in California you can get by with hiring a Draftsmen and a Engineer.if you considering a construction loan for the bank then I would check to see there requirements.In the past I have simply submitted a site plan, floor plan, cross sections and elevations and that has worked for me.

the buildings may be above the base flood elevation but the parcel itself may be throwing you in the flood zone.

What never bothered the previous 2 tenants was now an issue - this unit was on the 3rd floor of a non-elevator building.

You also have to worry about special assessments, an unexpected expense to the complex that everyone must pay for (i.e. elevator breaks, roof top pool leaks, building needs painting, lawsuit, etc.).The associations can also change the bylaws and rules limiting the amount of units that can be rentals (this happened to me in a residential subdivision with an HOA) or require owners to live in properties for at least a year before renting them out, even if the tenant already lives there and an investor buys it.They also have the power to nitpick you about little maintenance items.

Elevator?  

It was 3045 sq. ft. and 4 Bedrooms 3 Baths and loft area, elevator, and 3 ocean view decks.

@Mark FergusonMark,My mother is Susie Ripp, with Elevations Real Estate.