The tenant carrying insurance is not sufficient to cover you.

The vast majority of second gen will liquidate inherited real estate within a year and likely fully retire if they have not done so already by that time.

@Michael EngHi Michael,I have vast experience in the Bronx.

You see this setup when the soil is hard clay and effluent cannot percolate sufficiently for a septic system. 

Zillow, Trulia and such gives some information but frequently its not sufficient (ie Too few comparable home sold within the 0.5 mile radius or even the same zip code). 

Code Section 40-10-74 says: If the mortgage or other instrument creating a lien under which a party seeks to redeem is duly recorded at the time of said tax sale, the said party shall, in addition to the time in this title specified, have the right to redeem said real estate sold, or any portion thereof covered by his mortgage or lien, at any time within one year from the date of written notice from the purchaser of his purchase of said lands at tax sale, served upon such party, and notice served upon either the original mortgagees or lienholders or their transferee of record, or their heirs, personal representatives or assigns shall be sufficient notice.

It is a bit mind blowing that we can now access such a vast resevoir of wisdom here, kinda makes up for all the time wasted on nonproductive internet crap:)The warchest therory has another downside; similiar to folks endorsing gold to hedge against catastrophe, what happens when the storm passes and you and everyone else now has to turn their gold into cash at the same time?

You don't say how much equity you have but my guess is you may not have sufficient equity given that you just purchased the house so recently using a VA loan. 

Even still, you may not have enough space for the sufficient amount of panels. i would shy away from electric heat. 

I need to finance this deal on its own merits.The debt coverage is more than sufficient, the problem I've run into with portfolio lenders is a minimum loan or appraisal amount per property.