Many people on principle alone may not want solar panels as hard as that may be to understand.

You might not get as much cash flow with that equity as you would get if you sold and put it into say an apartment building, but with the low mortgage rate you are likely getting some pretty good principle paydown each month and it's in an area that will see good appreciation/rent growth long term. 

This condo was purchased both sight unseen and occupied.

.:  10% return relatively risk free due to less interest payment and more principle paydown without significantly effecting the leverage ratio.   

Therefore, I'll comment on the two other points you mentioned.There's nothing inherently wrong in buying sight unseen if the people are trustworthy.

The income (rent minus management) should cover the costs (principle, interest, taxes, and insurance) depending on the property's price point. 

They've been at this Fund for a couple of years now with no turnaround in sight (despite glowing monthly reports of an imminent turnaround that never materializes).   

I think there are many principles that he teaches that should be considered.  

With that said I do know a few hard money lenders who operate on the principle that they have to like you to lend you money, but most  

I did a live in flip but hind sight I would have done better with a MF3) Use the excess money to snag a couple dealsCan't change the past, if we all had a crystal ball it would make life amazing.