In other words you receive a 30% tax credit on the solar system as well as a 30% tax credit at the least on the roof that is under the solar system (full roof 30% depends on the advice of your CPA).Couple that with the roof now becoming a producing asset and offsetting the utility bill instead of a liability and the increase in appraised home value assuming the solar system is not leased then going solar makes a lot of sense at the same time as replacing/repairing a roof.So in short you don't "get a roof if you go solar", but there are certainly advantages to adding solar to a roof replacement.

Have them all get on the phone with a CPA and Attorney and create a Asset Protection plan and structure.

Is there a way you can personally guarantee the mortgage and hold the property in its own LLC for asset protection purposes?

A higher cap rate is an indicator of the lower quality of asset.

The reality is you're paying commissions and management fees on top of what you'd already be paying if you just bought the underlying asset directly. 

@Tyler HoganYour (or your father's) 401k can get financing on a property it owns, but that doesn't help you (or your father) get access to funds for investment outside of the plan.Using your 401k assets or loan proceeds personally would be a prohibited transaction unless a participant loan was taken from the plan.

I am under the impression the home owners assets are seized and it would not be up to him to sell the home but those who seized the assets.

I believe your "time" is one's greatest asset!

I have seen some discussion on the Cleveland market and asset class grading in this thread.

My goals involve building long-term wealth through buying and holding rental properties, however, my largest barrier to entry is obtaining down payment a such a hot market.Since graduating in 2016, I have been working as a digital marketing consultant and paying $850/mo in rent living with 3 others.