I'd put the 20% down and finance the rest through a traditional 30 year mortgage.

Either by text, email, or phone depending on how responsive the particular tenant is to each mode of communication.We had a situation laat year at our SFH rental when we had an estimate from a roofer about work to be completed on both the rental and our primary home.

@Marc Padilla If Jax is your area of focus, I'd definitely recommend joining JaxREIM on meetup (more of a marketplace where wholesalers and investors message each other) and also check out the JaxREIA website - that is more of a traditional REIA with regular local meetings and education - and time a visit to JAX around one of their meetings.Welcome to BP!

Hi Ivy,I'd be happy to talk with you about traditional lending!

If so then you would be purchasing that portion as investment no different than a family farm with primary residence and agricultural land all on the same parcel - or a home office = or a BNB.  

If it were my property, unless I wanted to do it for philanthropic reasons, I would look at the cost of the solar roof vs. traditional roof, the benefits, and the payback before I proceeded. 

The property must be your primary residenceSingle Family, condo, or 2-4 Unit3% Minimum Down PaymentBelow is a comparison of Conventional vs FHA.Both are assuming no point loans.Conventional LoanLoan Amount $450,000Rate 4.5%Term 30 Year FixedPayment $2,280.08 – Principal & InterestPMI $172.50Total Payment $2,452.58FHA LoanLoan Amount $457,875Rate 4.125%Term 30 Year FixedPayment $2,219.09 – Principal & InterestPMI $316.08Total Payment $2,535.17 You may want to look into this loan product.

I have  primary residence where I deduct the property tax,etc.

Just bought my first rental property a couple months ago but I have owned my primary home and worked here for 5 years.

The primary key to success in investing is discipline.