However, for a commercial property or a commercial residential (5+ unit) property value is based on the income approach and reducing expenses in this case by producing electricity factors into that math and very well might increase the valuation enough to make sense.

I know it sounds like I'm splitting hairs but some banks write HELOCs in their residential department....which won't write Investment Properties.

For residential, 4 units and below, the spreadsheet is too easy to make work or not work.

@Nadir M. our lease specifies the resident is responsible.

We do traditional PML full set of DOT, note, etc. loan documents for $1,500 for residential. $3,500 for commercial.Hope this helps!

As a note, residential properties typically are not evaluated with cap rates, but I think you may have been saying a 7.5% cash on cash return or ROI.

But you said you got a residential loan, so this property is 4 units or less. 

Remember up to four units is still considered residential. 

(I don’t do STR deals so my comments are more about long term buy and hold residential RE.)Data by its nature is historical - it’s a lagging indicator. 4 years ago the Southeast was the place to be.

For example, if you’re investing in residential properties on the southwest side of town, eliminate property managers focused on commercial properties or other areas.Research CandidatesSearch Engines: Be cautious—Google rankings often reflect marketing, not quality.Yelp Reviews: Read reviews critically; tenants, not property owners, typically write them.