You are paying down principal and that goes into your ROI calc.

Depending on the property and the level of care provided there, the residents pay $600 - $700/ month in rent that goes directly to you, the property owner, and has the care agreement with the operator for whatever their cost is.

You should pay your construction business for your services!

Members/Tenants pay weekly, so reaction time to payment problems is pretty quick.

They may not be able to pay the fines.Assessments that you are forced to pay for repairs or upgrades. 

Josh,If you're paying attention: I too like this idea.

I pay my bathroom guy separate for those.

I have already established a SD IRA with a custodian.I am looking at establishing a SD solo 401k with checkbook control with a provider at lower costs.I also am looking for advice if it is smart to leave my SD IRA with a custodian and pay the higher fees or if I should roll it over to a provider to minimize cost and gain checkbook control.Thank you.

(IOf COURSE I'm not paying for that electrician).  

Removing any appreciated property from an S-Corporation triggers a deemed gain on those assets by the S-Corporation (hence also by you) - it's as though you sold it at fair market value, so you get the joy of paying the taxes on the appreciation while receiving no cash.