For commercial installations (not sure if 2-4 duplexes count as commercial) you would be able to get the credit and also take depreciation.Lease$29.7k (they take the fed tax credit) - $9k (NV rebate) = ~$20.6kThis is a ten-year pre-paid lease option and they assured me that after the lease the FMV for the panels would be effectively zero so we would then own them.

What I do now is get prepaid cards and simply don't reload it if the service is crap after signing up.What do you want to use Cole for?

I'm considering charging rent + a flat fee each month for utilities + charge any overages to the tenant if they exceed the prepaid amount (divided evenly among the three rooms). 

Going directly thru my community bank, I paid $2800 for a $112k rental home loan last fall, not including appraisal or pre-paids, which you pay anyway.   

.. im not saying there cant be deals but you just have to weigh the risks .. that situation was pretty isolated .. the problem the banks had was they were dealing with somebody who read up on the laws .. so when he was offered a lease he decided to offer the owner a decent but hugely discounted price for a 5 year pre paid lease .. .. he knew that the banks could not show it to sell if it got foreclosed on and also knew that investor  in there right minds would  buy a property, not only sight unseen but then have to wait the remainder of the lease with no sorce of income ( remember the occupant had a 5 year prepaid lease ) and he then knew that nobody that wasnt a investor would pay cash for a place sight unseen and still have to go through a eviction process .. so that occupant worked the system .. which as a investor i was angry but as a eveyday citizen i couldnt gelp but to say ..hell ya.. you go.. its so disgusting what the banks got away with .. and still getting away with ..

The cost to get into the property would probably be higher closing costs than you have here as it is based on credit, PMI prepaid rate, hidden loan fees, origination, rate paydown fees, etc.

@Delaney Mizell- thanks -  1) seller credits cant be used for down payment funds ...only can be used for loan fees/ closing costs  and  prepaid taxes / interest / insurance    2) with  3%  down program -  there is a limit to  how much the  seller  credit can be  so  check this with your lender   3)  down payment  can be  gifted  in most cases .....you  will likely  need  to have  some funds in place 

Sometimes mortgage fees, points, prepaid interest, tax prorations etc are incorrectly called closing costs - they are actually fees paid for a mortgage or prepaids.  

@Brent Coombs frankly that credit can be as big or small as your appetite allows (it does cap at a certain point, and the credit cannot exceed the actual costs and prepaids). 

Delayed financing will limit you to a maximum of the purchase price plus closing costs, and prepaids.