Temecula isn’t the most desirable spot in San Diego (relatively) and condos aren’t the most desirable housing units either (relatively). I know you work there, but for “investment” purposes you should consider this.
Have you ever lived in a condo? You state that you are moving out of a house with a lot of acreage. I think you might be in for a shock. I’d rent first. After a few years of living in a condo I vowed I’d never buy a condo.
A condo is a bunch of compromises and hassles. You get your walls torn apart when the neighbor above you has a water leak. This happens several times. You have the neighbor that parks in front of your garage repeatedly because she’s just getting a few groceries out of her car and she’ll move it in a minute. You hear the neighbor upstairs vacuuming at 7:00 am. You hear the drunk husband of the upstairs neighbor climbing up the stairs at 3:00 am. You hear the neighbors next door getting busy at 1:00 am. The couple who have control of the HOA use the money to buy lawn maintenance goods which promptly disappear. This is strange because the HOA has a lawn service and the neighbors also own a new house they’re getting ready to move into.
Like the neighbors, don’t like the neighbors? Either way it doesn’t matter because you have so many neighbors that they’re always changing and you’ll get to experience them all.
