Unfortunately, it cannot be used for a 2-4 family property, only single family properties. 

Blue Gate Capital Never Charges Any Upfront Fees, Our Clients Pay AMCs or Appraisal Companies Directly.

The real power of single family residential comes with stable, consistent markets that chug along, have good rental base/demand and growth potential. 

However, not one general location is going to help you determine whether it's a good market for multi family or single family etc.The one true way to start looking into a market is talking to an agent who knows the area.

Probably not a lot of advantage to small MF vs single family so I would stay open to both. 

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

When I pointed that out, they suggested I instead setup my credit card as a vendor, and enter each charge as a bill, which would then fix the assets and liabilities issue.  

Asking me for LLC docs few times over and quoting on a rate sheet that was for single family and not town house.

They often think they're the smartest people in the room and, as such, they should be in charge. 

Once we changed to charging a fee, proof of ability to close, good income, a sizable reserve and reasonable credit, the students not only started taking the training seriously but actually began buying properties for their retirement.