That isn't written somewhere specifically that way, but your lender will ask why you would move your primary from (for example) a 2,000 SF SFR to a 750 SF unit in a four plex? 

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

Specifically, Texas has some of the highest insurance and property taxes in the nation, but the appreciation makes up for those high costs in the long run.

A couple of tips:Ask specific questions: The more specific your questions (like, “How do you evaluate a potential deal?”

There isnt any one magic "cheapest" loan - it will be highly specific to the deal.

In both cases, having a property manager who can adapt to the specific needs of each asset type is essential.I believe that the best property managers understand that profitability and customer experience are not mutually exclusive—when both are done well, everyone benefits.Thanks for bringing up this great discussion!

Specifically, I’m curious about the following:2/2 vs. 3/2 properties: Are there significant advantages to offering a 2/2?

The best way to do this is to renovate a unit or two to the specifications to bring it up to market.  

It's the only way you'll get a good idea of what the market is really doing in your area, and keeps everyone competing to find the best coverage, deductibles, and premiums for your specific account.Hope this is helpful. 

kudos for your specific and thoughtful post.