He said that the insurance company gave him a discount because the materials are less susceptible to fire than common materials used like asphalt shingles and stucco.  

Overcoming Common Financing HurdlesMortgage brokers excel at tackling challenges that often derail new investors:Low Down Payments: Brokers can find lenders offering low or no-down-payment loans, ideal for new investors with limited capital.Complex Income Streams: If you’re self-employed or have variable income, brokers can identify lenders that accept alternative documentation.Competitive Rates: Brokers have the leverage to negotiate better rates and fees, saving you thousands over the life of your loan.Pro Tip: Communicate your investment goals clearly with your broker so they can tailor their search to your needs, whether it’s a short-term fix-and-flip loan or a long-term rental property mortgage.3.

Duplexes are very common here and are much easier to find than a Quad as well.

And while that number varies somewhat, the most common number of different issues that minimizes risk is 21.  

Jim  not following here I know of course what a C4D is was super common in Or and WA in the day.. but if you have an already existing mortgage and you are not retiring it what does the C4D do for you than a wrap or All inclusive Deed of trust . 

FlooringScope of Work:Replace carpet in bedrooms with engineered hardwoodRefinish existing hardwood floors in common areasInstall durable tile in wet areas (bathrooms, laundry room)Estimated Cost: $20,0004.

The common thought is to not rent to friends or family.

This is very common, and highly successful.

Is it a common issue for beginners to get a PM on board with only 1 property to manage to start?

@John Lasher I didn't, but you're right that it is a common path.