Also, be careful with your lease terms: we specify all tenants, including minors, and state "No Others" specifically.

On a positive note we did build a new house to the specifications of a specific tenant. 

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

If you are going to be doing the rehab work in exchange for equity then that value needs to be determined up front with a specific timeline that you have to adhere to in order to earn your equity.

I noticed that Chase and Bank of America charge fees for wires unless you meet specific criteria.

There are a high number of CPA firms that do not want to get involved outside of the FYI to their clients, and some state boards are saying that a CPA advising related to this registration is an "unlicensed practice of law" given it is not under Title 26 - income taxes - the only place where CPAs and EAs are specifically authorized to interpret law. 

This will be area specific. 

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?

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

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?