See remaining balance.principal, interest, taxes, and insurance (PITI)The four components of a monthly mortgage payment on impounded loans.

If it was a larger scale job I would have gone for something that had a time component to it.

The real property (structural components) doesn't qualify for bonus depreciation and would still have the 27.5 year for rental and 39 year for commercial property depreciation schedules.

If you have steep driveway and little to no backyard then many families will not like that at all.When you bought you might not have done enough analysis on other components of the land.

Roth IRAs cannot be transferred to Solo 401k plans.A few other Solo 401k benefits: Compared to an IRA, Solo 401k contributions limits are roughly ten times higher.There is no custodial requirement for the 401k.You don't need the additional expense and administration of an LLC to have checkbook control.There is a built in-Roth component whereas IRAs are either traditional or Roth, not both.A spouse can also participate in the same Solo 401k plan.The Solo 401k has additional tax benefits over an IRA when investing into real estate using leverage.

If you're self-employed, the Solo 401k will provide many benefits over a self-directed IRA: Compared to an IRA, Solo 401k contributions limits are roughly ten times higher.There is no custodial requirement for the 401k.You don't need the additional expense and administration of an LLC to have checkbook control.There is a built in-Roth component whereas IRAs are either traditional or Roth, not both.A spouse can also participate in the same Solo 401k plan.The Solo 401k has additional tax benefits over an IRA when investing into real estate using leverage.The penalties for prohibited transactions are less severe, though it's best not to utilize this benefit :)

I would imagine it depends on the component of the contract you are referring to. 

What are the key components to keep an eye on? 

The ideal property would have a value add component (big surprise I’m sure!).

Even multi family is considered commercial, with any commercial component, I’m surprised to hear that a residential lender would lend, though, again, not sure what you are referring to when you classify the loan as “residential”?