The thought of being ahead of the curve seems great, but the struggle to get to that point is serious stumbling block for me. 

They're so busy they don't have time for BP or networking groups, but some have been around for decades.If you meant geographically, I'm sure there are investors in all 39 cities and towns of RI, though the ones on Block Island may be a little reclusive ;)

So I'm looking at a home that on the other side of the block has nice homes, a street I would walk through at night alone. 

It's risky because no one can guess where that imaginary appreciation line will stop and your property may be two blocks away from that line.

It's off W 3rd St a couple blocks in from Burlington.

It can handle any storm when it's clear but if any debri blocks the drain, it can fill up the patio area and flood the basement.

In a townhouse, your legal description will include "Lot and Block", meaning you own the land the structure is on, and you own the structure.

If they are a big complex they have been around the block and will know how to win.

This condo is located 3 blocks from Loyola University in Chicago and it is a lakefront property. 

At the same time I think a good commercial broker who specializes in multi could probably give you all the answers as well in hopes of gaining your business.unless I guess your looking to be one of the new syndicators on the block instead of buying a 60 or 100 unit your self.