Hold people to a standard.

Fortunately with the rent/mortgage ratio we would be fine either way due to the low rate, but certainly something to keep in mind if different lenders have different standards. 

It would be abnormal and outside of normal appraisal standards of practice to use duplex comps. 

Has anyone done this before/how is this typically structured, is there a standard amount?

Are there specific standards or common practices that seem to set certain areas apart?

Their line of "30-40 deals a month" is NW's standard motto and all of their agents use it.

The losses could be used against other sources of passive income and that is it.If it is a standard self storage model, and thus treated as rental income, then in order to get anything other than passive treatment you would needs REPS status. 

If I were you I’d replace the system with whatever is standard in your market.

Triple net leases (NNN) are standard, and they cover taxes, insurance, and maintenance.For your 1.8-acre parcel, if it's zoned for auto work and sales, you’re good to get started.

50% vacancy is the standard