The efficiency of a solar installation is dependent on many factors - location (or average daily sun hours), house orientation (15deg SSE ideally), roof inclination, shade obstructions (on the roof and/or around the house), consumption, components used, inverter or microinverters, hail resistance, warranty, utility payback vs net metering.

They may very well tell you the $40K scope is truly what you need...the other component is can any portions be done in phases?

Michelle - Thanks very much for writing.The cost segregation study and tax savings benefit for an investment property can vary based on several factors, including the property type, location, and specific components within the building.

What components did you replace?

There are a few advantageous components to them compared to conventional financing.

When you say "those" are you also referring to the unexpected repairs?

Stay financially disciplined and plan for unexpected expenses.

The fix-n-flip part should be pretty easy and, provided you can document a couple of ground up deals, we can likely help, but that equity component will be a challege for someone like us. 

First, that even though I know the market well and I have worked in the real estate brokerage business for more than 10 years, I learned that there are unexpected variables that an investment can have.

This will work no matter what, but you can get there faster if you can generate equity through remodel, take advantage of market shifts or buy at a discount (next to impossible at the moment due to tight inventory, but that may come back).The other component most new investors underestimate is you have to become an excellent operator.