Considering buying a 4 plex for $595,000 at 6.5%.

Hello,I am looking at adding washing and dyer machines in a 4 plex unit.

Selling plexes isn't quite single-family residential, and it isn't quite commercial.

Quote from @Collin Hays: This is zoned commercial, so I could do pretty much anything I wanted with it except a casino.ouIsn't the Texas legislature considering casino gaming this session? 

Hi all, my wife and I, after many years of analyzing, finally purchased an 4 unit apartment in western NY. Now that we are deep into the winter months we have noticed our heating bill (gas) continue to go up, our late...

Anyone have any insights on doing this?
Already separate meters.
Dated units, run down common areas.

I've been researching this for myself and I don't think it's possible to use a USDA loan on a 2,3,4 plex.

Having watched many prior co-workers get paid, cash their check at the casino, and promptly deposit it all into a slot machine I can tell you with pretty good certainty that casinos don't have a positive effect on disposable income and good use of the existing income in the area surrounding :)Are there solid local employers OTHER than the casino in a 15-minute drive? 

Quote from @Xavier Perera: Aim for a four-plex.

One is a 4-plex for $165K with good cashflow (CoC ~16%).