(I understand the engineering is an additional cost).Thanks!

If you only buy the meters they charge an additional 25%. 

Even though your condo may see additional appreciation, you can't eat equity.

Plus, you're incurring additional expenses that eat into whatever equity you do build up in your 2-3 years.Fair warning, the rest of this may seem like a bit of a downer but having just spent 5 years stationed in San Diego and, after a lot of research, deciding to rent while there and invest in other markets, I think it's worth presenting for you to consider. 

in so cal it would be RARE to have a lawyer involved in this transaction @David Weintraub  we are a title and escrow stateso take out the 1k  and the two addition doc review fee's 750 and 795  those are straight to the lender for his profit side.other than that fee's are fairly standard..

Thanks a lot Jeffrey.Property Details: 2629 sqft, 4 bed, 2.5 bath on about .45 acres built in 1985 (sun room addition not counted as it was done w/o a license. 

Just ask for all the available coverage's on the policy and what thee additional premiums would be if elected.

Banks need some sort of Tax ID to open a bank account, in addition to other information.

The safe harbor applies to amounts paid during the tax year to acquire or produce what the regs call a “unit of property” (UOP), you must meet these requirements: (1) at the beginning of the tax year, the taxpayer has written accounting procedures treating as an expense for non-tax purposes amounts paid for property costing less than a specified dollar amount (which will be 2500 for you), or with an economic useful life of 12 months or less;.(2) the taxpayer treats the amount paid for the property as an expense on its books and records in accordance with its accounting procedures. ( do this on your bookkeeping software or whatever you utilize)(3) the amount paid for the UOP doesn't exceed $2,500. as substantiated by invoice.Note: The cost for the Unit of Property includes additional costs (for example, delivery fees, installation services, or similar costs) if these additional costs are included on the same invoice with the tangible property.Eg:A purchases 100 printers at $500 each for a total cost of $500,000 as indicated by the invoice.

Hi @Bryan Pham  I replied back to you with additional question about the same topic.