Thank you for the detailed response Nathan.

Also AirDNA is a snapshot of estimated T12. 

Run an estimate for $175k refinance cash out on a 30 year and you may still be able to make 250 cash flow and have 100k to reinvest to buy more real estate.

You will get a more accurate response if you provide all the details in your post such as1.

. - Expect rehab costs to exceed initial estimates (maybe double)!

All I can say is I’ve seen it time and time again, accuracy in your estimates, detail in your work, and anticipating future costs/market changes and building contingencies in your budgets may cost you some deals but will save your investments. 

Please provide your email, can give you some more details.

PM me for details.

Most have never done a single deal, have no money to close on the property if needed and have no clue how to estimate fair market value or ARV or sell a property.  

This means, you will either over purchase the system (too many panels, batteries, etc) or under estimate, both making the outcome not optimal.