You are in a good place, just redirect your strategy with your 60k wisely.  

Property is under contract and lender is set and just trying to figure out the best way to do it $ wise.

The other possible option (would put this in the middle risk wise between high interest savings account and the stock market) is to loan the money out to a flipper/BRRRR investor on a shorter term time horizon (6-12 months) at a pretty heavy interest rate.

---------------------------------------------------------------------------------------------------------On this July 22nd, 2020, I have checked with what a Rental-owner has on U-Tube, his name being James Wise.

I don't want to be penny-wise pound-foolish.

I can’t do that on every property so I was looking for something to help them to make wise decisions on their own based on figure they use.

1) Decide what you want to do 5 years down the road, RE agent, building a portfolio2) Figure out what makes a good/bad deal for you return-wise.  

@Efrain Torrez just from what you said, it might not work out equity-wise the way you want to pull out money, but if it makes your home better for your family and will keep long-term selling options scaling up, it sounds like a good win done the right way.

I am a conservationist, but adding solar to this property would not be wise financially (but would be good for the environment).

I'm wondering if it is wise to buy a house or live on the base.