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

There is a multitude of reasons, some of which are above, that naming all adults on the lease have become a standard practice, and most board of realtors leases have this in their standard leases. 

If not, make it better than that price point standard. 

The other side we rent under market value to maintain a certain standard of tenant that we want to live with.

We also installed an industrial fan in a bath when we couldn't find anything standard that would work.