Standard PPL (Pay Per Lead) companies will sell them between $150 - $750 a pop.2.

Just a standard borrower hardship form.

Secondly a 7% rate with 1-2 points depending on LTV, FICO, DSCR, and prepayment penalty does sound fair/market standard.

Test the waters with the sponsor for 3-5 years as they hold the properties in the DST, then decide if you want to align with them as a part of your long estate plan.Last (and best) recommendation: Ask your broker what the funds from operations (FFO) ratio is.

things missing in your list (everyone manages differently, so take it with a grain of salt)Vacancy rateTurn overbad debt legal fees (evictions as needed)accounting fees for professional tax prepmaintenanceProperty TaxesSales Tax on PM fees (In NM, this is charged, not sure about where you are)Reserves for replacement CAPEX - furnace, water heaters, ac, roof, parking lot, etc.Admin, software, advertising, etc.Cost segregation study for accelerated depreciation captureAs for your loan. 

., 5, 7, or 15 years instead of the standard 27.5 or 39 years).

The higher you go in price, the ratios get too hard to make it work without leaving as much money in the deal as you would a standard down payment.

Utility Costs (Water, Gas, Electricity):- Paid monthly by the tenant unless included in rent.

for example when changing cabinets, addressing trim, door pulls. hot water tank replacement: place a pan under it.  

Standard deduction has nothing to do with purchasing a rental property.