Some sponsors offer preferred terms on investments at higher minimums (i.e. a share of the GP) and those preferred terms are not available if the investment comes through the capital raiser (i.e. the capital raiser gets the share of the GP instead of the investor).In some cases, it adds another party to vet.On the flip side of the coin, the capital raiser is providing a service and access to deal flow for many investors. 

I am looking for a SFH or a townhouse, preferable townhouse for lower maintenance costs, 3 beds 2 baths, 1800 sq ft, in a neighborhood. 

I prefer the ones that need a little bit of work as you can often get a better deal, but if you're going to get a loan - usually 25% down, you can actually end up spending more actual cash this way.  25% down, plus some rehab instead of 25% down with no rehab, but a higher PP. 

The PM also had preferred roofing contractors that were reasonably priced (although not the cheapest).

As long as they pay you on-time and you don't have to hassle them, any method the tenant prefers.My personal preference is it doesn't matter, I give them 2-3 options that works best for them. 

However, I am open to duplex to quadplex as well since my prefer strategy is to live in one and rent the vacant rooms.Thanks for the all comments and feedback.

Long island is also a place worth to consider, it really depends on your commute and preference.

For turnkey properties go a little higher, to what will get you $900 plus in rent (I actually prefer $1,000 plus). 

Again I've got a real bad taste in recent dealings with several support groups.

I prefer to buy properties that need work.