I am part of local community here in the island who does wholesale, rent, flip, etc.

Added a bath, made it open floor plan, completely new kitchen (cabinets, floors, appliances, island, recessed lighting and pendant light, electrical) , refinished floors, remodeled master bath, light landscaping.

Hi Oriana, 33606 includes Davis Island, so your looking at a very high end area where 1950's and 60's bungelow's are being torn down and replaced with multi million dollar mansions.

Condo sales throughout the island have also remained healthy. 

There's a restaurant here called Island Shrimp Co that just built in the outparcel of a local mall, they used shipping containers for at least part of the build.

The tenants are good - they basically never contact us, and the checks just show up each month.We have a single family home on Long Island that's worth half as much, but rents for even more. 

Investment Info:

Single-family residence fix & flip investment in Massapequa Park.

Purchase price: $400,000

Cash invested: $50,000

Creative dreams realty is going to Totally renovating this house...

Investment Info:

Single-family residence fix & flip investment in N Merrick.

Purchase price: $379,000

Cash invested: $58,000

Creative Dreams Realty totally renovated this house top to bottom insi...

Races in zip code 43609 (2017) 13,607-49.4%White 5,1151-8.6%Black 3,734-13.5%Hispanic or Latino 927-3.4%Two or more races 166-0.6%Asian 930-.3%American Indian 40-0.1%Some other race 5-0.02%Native Hawaiian and Other Pacific Islander

Can anyone please recommend a local Rhode Island attorney that can advise regarding LLC set up/use?