So you want both aspects. 

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

Daniel needs to disassociate himself from Jonathan.Hence, looking for alternative recommendations for my next projects.Sorry to hear about your negative experience with Jonathan. 

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

Focusing just on appreciation causes people to take on negative cashflow situations, gambling that the market will eventually save them before they run out of cash.

One of the main scenarios where it does in fact make sense is your example - it might be negatively cash flowing in year 1 - but start cash flowing positively in years 2, 3 and then down the road years 5, 6, 7 (all the way to 30 is technically possible if no refi or sale) the DSCR can explode quite a bit higherAlso sharing links here to 11 articles published here on BiggerPockets all about DSCR Loans, hope these help as well!

I think the one negative about buying land and doing a solar lease, is that it is no longer taxed as a Agriculture exempt, this is a major negative to the project. 

It simplifies the process and helps ensure that every aspect of your investment is handled smoothly.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

@Jeff CostaMIAC, Mission Capital, Rams asset management all have huge portfolios they sell and provide tons of reporting on all aspects of the market.Last week we had over $1B come across our deskThe challenge to disrupt is the space is more about not only who you know but who you trust.Many of these companies have been around for a while and if the buyer pays the commission, the institutions that use them and have had large trades go through with them - why would they switch to someone else when it doesn’t cost them a penny