[rattlsnak]

i owned a twin for several years and it was great fun, but eventually the costs outweighed the fun and i sold it. it is GREATLY cheaper just to rent and a lot less headache. of course no different than owning a boat or such. as far as buying an airplane, it is always best to determine your mission first, then buy a model that fits that mission. you say you want a plane that can carry 4 people for 200nm and a 172 can fit that mold, but then the occasional trip to 500nm? that is 182 range whereas the speed of a Mooney is one thing, but no way youre fitting 4 adults in one.
you should also check out older cherokee models, like a 235 or such.