Buy and Hold Options

[Raj Tirur]

Hi All,
This is a great website and I love everything that it has to offer! I have a question for buy and holds in the Massachusetts or Rhode Island area. I am looking for areas where home price will be around 150K or less and I can still net a positive cash flow. I will be putting 20% down but unfortunately cannot get approved for more than this due to my current mortgage on my only other property. I hear some people like areas in RI, but I am not too familiar. In MA it can get very expensive around Boston, and am again not sure about rents and vacancy rates too far from Boston.
Thanks!
Raj