Thank You everyone for your feedback ,I will rule out solar.

Does this also apply to the FHA Loan's 1 year occupancy rule?

At the moment I am thinking with the 60k I can possibly purchase 2-3 properties that are worth about 80-100k that are located in decent neighborhoods and use majority of the cash flow to purchase additional property later on (this is largely based on assumptions I put about 20% down payment on a property that follows the 1% rule).As for a goal I would say for the time being I would like to try and match my career monthly income with my passive income.

I use the 50% rule even though I self manage.

Check with a mortgage lender about underwriting rules for "conforming" loans to be certain.

Is this a TX rule or should I ask another bank?

It’s poking $600k.The numbers I’m talking about are the 2%, 50%, and 70% rules.

Are there different "rules" around closing a deal with a wholesaler?

Three, not all E&O policies are the same, the policy your broker carries may have restrictions as well.

Based on the 50% rule, you're going to be cutting it really close paying off your mortgage with your after-expenses income.