Also, even with no seasoning, it requires some rehab has been done to use the newly appraised value.

If everything checks out and you feel they are responsible, it could be a good opportunity.

I would not add solar panels to a rental property, especially if the tenant is paying for the utilities.The value of the home will not go up in pro-ration t o the price you paid for the solar panels.I.E. if you pay $20,000 for solar panels, the value of the home will not go up by atleast $20,000.best of luck.

What doesn’t sit right, the concept of the time value of money?

Happy to take a look, feel free to DM

Feel free to reach out should you need assistance, Daryus!

I’ve found that I’m a pretty good judge of character and can get a good feel for how well the prospective tenants will fit in with me.

If you feel like sharing copies of the docs (privately of course) it would be great to see how the property was titled on the deed and how the title insurance reflected the lien priority for what sounds like might be separate notes/DTs for each investor (rather than all listed on same note/DT with a % interest)?

Feel free to send me a DM if you have questions. 

FHA loan How did you add value to the deal?