Happy long-term tenants are worth their weight in gold, so making that move before the impact of this new company is truly known is a bit of a gamble. 

Its super walkable, safe, architecturallly beautiful, there's great food, constant source of tenants due to the universities...I am not familiar enough with the other neighborhoods of Providence to take a gamble there yet, but am interested in studying Cranston.

Our agent is saying that there is pretty much no data to estimate what the appraisal will come in at, so it is completely gambling without this contingency in.

No it doesn't make those choices correct when gambling.

Exactly right,Appreciation=Gambling  To be honest no one has a crystal ball and knows exactly what the market is going to do in the future.

i console myself by reminder that at least its toward investment as opposed to gambling or drinking etc, mehhh

But at that point, you're (somewhat) gambling on appreciation, which you may or may not be able to afford. 

You should contact @Richard Gamble on BP - he and his wife have rehabbed several properties about the same size as the house you are purchasing - to me the estimate seems low for a 900 sq foot house.BTW - Just had lunch again at Gus' and it was even better service than before.

@ Dev Horn - "Gambling problem?

Also, many of the homes in the North Richmond area are pushing 100 years old, so maintenance is a gamble.