.- Everyone's situation and goals are different but I would assume there are a few quality markets within an hour of where you are located in Florida that would check a lot of your boxes. 

Part of this is the quality of the house.

Also North Providence is a great area, so you should have no problem finding quality tenants.

These are good indicators of quality tenants.You can also adjust how much deposit you take as well.

No other methods of payment accepted, written into the lease.

For example, the valuation method is different, and banks lend on it differently. 

If you offer high quality affordable housing, you'll always find and magically attract good tenants. 

@Zach Howard some copy & paste advice below:)-------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

As a licensed contractor and real estate agent, I can review your estimates, ask the questions you might not know to ask, and help you make an informed decision that balances cost with quality.

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.