In str there is no right or wrong as the spectrum of items in this area is vast- location, type, size, etc etc etc. 

I've been in Real Estate since '87 so I like to invest in what I know but outside of my company, in my personal portfolio I have about 20% outside of Real Estate assets in other types of debt instruments, private equity, and a bit in the traditional stock market. 

There is no uniform way to structure these types of deals.  

If you are looking at more DSCR type options for a stabilized property, then you can layer in market or actual rent, taxes and insurance estimates to calculate DSCR rate.

Similarly depending on what type of property they bought, partly determines what type of tenant they attract. 

While a mini storage, apartment building or some other type may sound great they all come with their own issues and stresses. 

What is your ongoing maintenance cost estimate as well - it’s certainly not a buy once and don’t maintain type of investment.

The goal with this type of investment is to have your tenants pay most of the ownership cost. 

Do you know the current payment type conservatorship is doing?

A 1031 exchange, also known as a like-kind exchange, allows taxpayers to defer capital gains taxes on the sale of certain types of property if they reinvest the proceeds into a similar type of property.