One appeared visibly unoccupied, with a mattress and other debris on its porch and its upstairs windows boarded up.Of the remaining seven homes, The Inquirer was able to question residents of four about whether they continued to be charged rent.All said they had been.One tenant, Shanna Anderson, said she stopped being able to afford her $1,750-a-month rent to DHI Fund and RAD at her Parkside rowhouse after losing her job at a real estate brokerage during the pandemic.In late November, RAD threatened to evict her if she failed to pay $6,530 owed for unpaid rent since August.Her home’s rental license has been inactive since late July, according to L&I records.

While the offer sounds tempting, I want to ensure I capitalize on these contracts fairly and effectively.Here are my main questions:Should I entertain the idea of terminating my current contracts, or is it better to stick to my original wholesale plan?

With it being a difficult property for an investor to find traditional financing for, how would I go about assigning a realistic valuation for the property if we were to entertain a sale?

This property, in particular, is in an area many local investors will not own, visit or even entertain as an investment.  

This plays into the affordability issues for tenants by allowing them to live in nicer neighborhoods for less money, yet I get monthly revenue comparable to short-term rentals.

I saw many highly successful hard working people lose money to them as well as people who couldn't afford it.

If so, invest.Then ask yourself if you're financially fit; can afford this property to make it 1.25 DSCR and have significant reserves for vacancy, capex, lead times, etc.

We're still seeing 1% deals here with positive cash flow at very affordable price points ($120k-$180k).

If I were you I would house hack in RI, specifically in Providence in as good an area as you can afford. 

Most people cant afford that alone which means a syndicate or getting PMLs involved and doing the synd yourself. there's nothing wrong with starting with some smaller properties.