I’m not in an SREC state (I’m in California), but I’ve been involved in a few residential rental solar projects, and one ROI lever that often gets overlooked is billing tenants for their solar energy consumption—just like a utility does.Most landlords or commercial owners either:1.Eat the cost of the system and let tenants benefit2.Roll it into rent (which has limits)3.Or just view solar as a fixed-cost offsetBut when you treat solar as its own billable utility, the math gets a lot more interesting.

Quote from @Stephen Morales: Quote from @David Gillette: Good day everyone.

Quote from @Stephen Morales: Hey Ashley,I'm going to go with margins on this one. 

@Stephen Morales very helpful viewpoint thanks Stephen.

Quote from @Stephen Morales: Quote from @Dan H.: I have been to 3 BPCon.  

They do have to step in and pay on the underlying note while they foreclose on the wrap this to protect their credit and theoretically project their equity The issue with all this sub to and wrap stuff is under capitalized investors or investors that dont know enough or investors that have a no morals and just look at these like if it works great I have little money into this no real equity and I am not on the loan so if it does not work I will just walk off .. or really bad actors that get into title rip rents and never pay the underlying I have seen that more times than you can imagine. this sub to  wrap stuff is just super dangerous and I dont care who is training people on it there are just to many things that can go wrong when your sub to deals or wrap deals are with owner occs and their mortgages.. seller carry backs like we did worked fine and the deals were smaller in those days. 

Hey Stephen Morales . 

@Stephen Morales it is vacation rental home (or second home) we've used it for vacation time, family and Airbnb in winter during season.House is in Big Bear CA Sugarloaf, about 1000 sqf, 2 bed 1 bath large living room area all remodeled. there is also adjacent lot as part of the property where another house can be built or sold as separate lot.My agent said we could sell it for 375k, the remaining loan balance is 258k and I would ask for 40k buyout.Loan is FHA with interest 2.448%, loan payment $1800 a month, and my agent said we could rent long term for $2100 a month.Loan is assumable (already checked with the mortgage company) and my partner said she would coordinate with new buyer for either her to assume the loan or new potential partner.

Quote from @Daniel Jodrey: Quote from @Stephen Morales: @Daniel JodreyAs some others have said, house hacking is the way to get started here.

That is a terminal trajectory.I don't know what the solution should be, but I think that turning a consumption-based economy (70% of GDP) into a production-based economy is no small feat.