Key differences in 1-4 units vs. 5-12 units

[Erik B.]

Been looking at OOS small multifamily properties and I'm curious what the not so obvious differences are.

What does one need to know when looking at a 6 unit building as opposed to a 4 unit? What changes when a building is zoned commercial instead of residential?

•Lending issues/ requirements

•Tax responsibilities

•Code requirements

•Insurance rates and coverage.

•value or appraisal process

This would be non occupied properties either way and most likely funded w investment loan or private money.

Any advice or insight would be appreciated. I've read quite a few books but always looking for more if there is one pertaining to the above.