Takes a special kind of person to thrive in the property management industry.

@Hezekiah C Butler You're in a thriving city for investing.  

My idea of buying multifamily has been put on hold because the market seems to thrive off of vacation rentals! 

In fact I generally wouldn’t assume any appreciation at all at this point.Rhode Island is not exactly an area of thriving economic activity compared to other areas of the country, so if you can find a nice cash flowing investment the  that it’s great, particularly if you can find a  off market deal with some built-in equity.

It takes specific conditions for the mold to thrive i.e. not keeping a rental unit clean, not cleaning around showers, bathtubs and the tops of all plumbing fixtures.

It’s a popular tourist town, so local businesses can thrive.

If it’s touristy short term would probably thrive.

I'm looking for some insight, but in my opinion I read that as an area that is thriving ?

There's a commercial airport that makes it just a one hour flight from SFO or DEN, plus a thriving tourism/vacation rental business (ex-covid) along the Coast, an outdoor recreation mecca,  and some world class golf courses that cinch it as a somewhat well kept secret for rich golfers.

Although some casinos are open and tourism is thriving once again, the Governor of NV brought us back to phase 1, closing down bars and some restaurants (again).