Their advantages include house hacking which includes better finance options and hustle.My last purchase was so large cash negative that the rents were $3k less than PITI.  

Also many other Counties in non-covered States also include it. 

If you're left with $107k across all 3 units after ALL expenses are deducted (some people don't include PITI when they discuss NOI) then I'd say it's darn good.

We bought a property that we feel is assessed by the our local government too high.

If your not shopping you loan I feel you arent doing your job as an investor. 

If every rental listing has a washer dryer included that market expects it and you should have them there.

It should detail any liens or subordinate agreements, including the unpaid balance.

Managing a property can be incredibly rewarding, but it does come with its fair share of challenges—especially with the recent shifts in Rhode Island legislation.In 2024 alone, 39 bills were introduced, and seven significant ones passed, including extended rental terms, mandatory fee disclosures, and other updates that every landlord should have on their radar.

Feel free to reach out if you ever have any questions regarding lending! 

Please feel free reach out.