Split the solar array into 4 equal parts and Put meters on each unit and charge tenets by kWh produced by solar at or under current rates and for excess provided by the electric company at standard rate. 1b.

Run your math.Here are the general considerations regarding 401k loans.401k Participant LoansIf your 401k plan allows for 401k participant loans, the maximum loan amount is equal to 50% of the balance up to $50k.

This will allow you to pay equal to or greater than the asking price on some properties, and make more money (and cost you less), than those that are trying to buy for as little as possible. 

@Silvie Fojon@Mya TooheyHere are the general considerations regarding 401k loans.401k Participant LoansIf your 401k plan allows for 401k participant loans, the maximum loan amount is equal to 50% of the balance up to $50k.

We considered forming an LLC to make the purchase in which all 6 of us are equal members of the LLC.

Hey @Scott Hawks, more experienced investors might correct me on this, but I would imagine that it costs roughly the same to (for example) re-roof a $200k property as it does a $60k property, everything else being equal (i.e. similar roof shapes and sizes). 

One month rent probably equaled the cost to paint!

Or just Google for "modular homes" and "FEMA" and "Hurricanes" or something similar.Basically, while not indestructible you should be better off than stick built all else being equal.

Unfortunately these things do happen, inspections can miss vital pieces like plumbing.

Please note that the account into which the funds are deposited must be the same type of account from which the funds were first withdrawn (e.g. withdrawal of pre-tax funds from a 401k could be deposited in a pre-tax IRA but not a Roth IRA - "like to like").Here are the general considerations regarding 401k loans.401k Participant LoansIf your 401k plan allows for 401k participant loans, the maximum loan amount is equal to 50% of the balance up to $50k.