If you're willing to have roommates, your options open much more broadly, and you can potentially assume a loan with a low interest rate. 

More broadly, would be great to connect with local experts on this forum. 

Interest rates and fees for commercial loans are all over the spectrum, unlike residential loans that all tend toward the median rate3.

Totally useless for making go/no-go decisions, just like the average-only market stats from RedFin & Zillow.Stay away from AI, demographic data, and average-only market data/stats if you want to "make a data driven decision towards purchase", they are all too broad/meaningless to actually help make that go/no-go decision.

its happens as well.. but you just can't paint a broad brush.. there is a reason these homes are priced the way they are.. the market prices them for rental/ risk.. they are higher risk than others .. plain and simple.

Next week talking with financial advisor to move from a broad approach to more food or consumer perishable goods, medical portfolio.  

Here's one more on the other end of the spectrum...only 4 units but is higher than $1M.

If you have a handshake/wink-wink kind of deal then you should get a Promissory note at least that outlines the terms of the loan and what happens if it default, who the loan is between, and usually in agreements like this the language is broad. 

To be conservative, I assumed rents will be on the lower end of the spectrum.

IMO there is a wide spectrum on lower cost SFH.