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Updated about 4 years ago,
Rental properties in Narragansett
Hi Everyone,
I'm looking to purchase my first rental property and was wondering if anyone has experience investing in the Narragansett area. I know a lot of URI students live there during the year (my sister goes there) and I feel like it would make a good vacation rental during the summer. I understand that there is the potential for long vacancies if I couldn't find students for a year but are there any other things I should be considering? I live on Long Island so it is out of my immediate area, but close enough that I can be there often. Thank you!