I prefer SFH.

.- Value: A SFR, or 2-4 unit (what it would be in this case) are residential assets and thus are valued off the "sales comparision approach" rather than the income approach.

What type assets are you looking to invest in? 

There are buyers that prefer any combination.

B) Would prefer to install curtain rods now over blinds for most windows.

You will always have to be an asset manager of your property manager as your property manager is not a mind reader for your investment strategy decisions. 

My husband (slash business partner/travel partner/coworker etc) prefers to avoid condos and townhomes due to the slower appreciation.

Most states allow you to hire your own adjustor to come up with your own damage amount and then argue with the insurance company about.The insurance company will want to see the signed lease, proof of funds the tenant paid and confirmation the utilities were on and preferably in the tenant's name.

It really depends on your goals and whether you prefer to use your own cash or leverage financing to grow.I'd be happy to run some numbers for you!

OK Thanks Chad.. yes now that you clarify that and I also work in the low value asset sand box but only to Investors who have money to turn them around I would never count on those owner occ's to cure at least at any large % to easy to  walk  and the properties as you mentioned many will be functionally obsolete and economically obsolete so they turn into your basic zombie house that local wholesalers go for ..