For example, I am a little concerned about some aspects of the business cycle recovery and a potential for a double-dip so I lean toward the safest part of capital stack which is debt (or low-debt equity).

In FL/CA the bill follows the user not the property, so I'd simply let the utility know that they need to seek compensation via the 'debtor' which I am not. 

@Steve Babiak it just names the debtor as the previous owner.

But I would imagine a 10,000 sq/ft industrial building isn't too expensive in Fort Wayne, IN but still you would need to service the debt or account for a cash purchase in the beginning.  

Also, don't be afraid to partner with people to get your feet wet, either debt or equity partner.  

The drawbacks of house hacking are the same as the drawbacks of almost every other wise financial decision, such as not buying new cars, not going into credit card debt, or investing in your 401k.

-do you have a lot of other debt, or just the student loans?

There are some on the site that do believe in paying down debt, or paying off homes to gain more ability to cashflow and leverage more.

Another strong argument for inflation is that it helps debtors.  

Hi @Jerry Shen - Welcome,As always on BP - you are getting some fantastic advice from posters (as well as a few fishing attempts- to be expected)Another option to consider is crowdfunding via a few of the top tier portals-  providing an easier way to diversify by  type (debt or equity), sector (MF, SFH, Apartments, retail, office, ground up developments etc),  amount and geographic location.