If I did my math correctly, on a 3,600 SF triplex where you buy the land for $150k, you generate a gross profit of about $84k (based on a $140/sf build cost and sale price of $205/sf), before you pay interest on any borrowed funds or closing/commission costs.

@Howard Cheng, You are correct. 

Quote from @Bhushan Shinkre: Few corrections, tenant simply decided not to pay rent and took further action of asking for refund of all prior payments (legally made via Baselane), which Baselane paid out no questions asked.

Instead of a penalty system, perhaps a warning system could be more effective, giving members a chance to correct their behavior before being fined or banned.

They would have to foot the bill and also pay for the removal (up front) - because maybe they will work the disposal correctly, but there will be a next tenant - so that decision could have expensive consequences for them.When you present them with the true cost of install and removal, it may not be that important anymore..

But if I wanted lights and refrigerator etc, I had no choice but solar, this is why you're correctly alluding to the rural aspect.... 

But, you're correct that there’s a bit of confusion when it comes to HomeStyle loans, as the renovations were part of the original loan.

Asking in the correct forum will get a better response.Need a spreadsheet or form?

Even if they are locked in does not mean anything they can change them anytime they want these lenders are not regulated like Owner occ lenders thats the bottom line.. it does affect their crediblity i suppose and risk of them getting trashed on SM  but its their money thier rules.You're correct.

Yes, that is all correct, especially since we are in a very small town and the property location is fairly remote.