Installation Costs and IncentivesAverage Cost: Residential solar systems typically cost between $15,000 to $25,000 before incentives for a 6kW system (suitable for an average home).Incentives: Illinois offers substantial incentives, including:Federal Tax Credit: A 30% federal tax credit applies to system costs.Illinois Shines Program: Provides Solar Renewable Energy Credits (SRECs) that homeowners can sell for additional income.Net Metering: You’ll receive credits for any excess energy your system produces, reducing your utility bill.2.

For me if someone has a negative review I typically consider something else, if its positive then I would continue to do my own research but do not really go off of others.

The total loan fees ($6,799.91) you entered as points should likely be divided by the loan amount to get the actual points (which are typically 1-3% of the loan).

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

cashflow in residential is typically achieved either through a more difficult method, or after 10+ years.

Typically with these systems the tenant will have a "confirmation" notification that payment was paid on 14th.

Might be tough from area to area, but I typically find that homes built before 1950 that were converted from single to multi family are 9 times out of ten - a full gut rehab and way too expensive for first timers.

I heard a STR focused book keeper say that the her Midwest investors are crushing it, while the more typical markets are struggling. 

Zillow is typically the best quality leads in my opinion.

What points and interest do you typically charge and how long are the loans you like to make?