A customer of mine happened to be a local real estate investor and he owned the land next to my business. 

Many investors have had to get creative by emphasizing other property perks, like pools, proximity to local attractions, or unique experiences, to offset any beach access challenges. 

If so, self-managing properties might not be the best use of your time - In any case, I'd encourage you to talk to multiple local property management companies, keep the above in mind, and understand how they approach management.In my experience, property management isn’t just about finding the right tenant or collecting rent—especially in a tenant-friendly state like Rhode Island.

If you can't leave NY, I really wouldn't try to do a BRRR from that far away unless you have someone you trust who is local.

Hello,my name is Mohamed .i live in the greater Philadelphia area .I am new to real estate investing and looking to connect with any local investor .Thank you

Hi Kemi,I’d recommend connecting with investor-friendly agents and wholesalers, as well as joining local Facebook groups for off-market deals.

@William Taylor so many options...Use your RE knowledge to: WholesaleFind rental deals to sell to investors locally or here on BPStart leveraging your personal contacts to build your sales businessFind a motivated seller willing to do seller financing:- Move in worst room or basement, rent out all the other rooms for max cashflow- You could even live in the basement and STR the rest of the house

I know they have a cap at 10.We have also looked at using local banks in the area but those terms are usually 3 years arms to ten year arms and 20 year loans so it lowers cash flow significantly. 

Unfortunately, every state and every locality has different laws and what works in one location doesn't always work in others, so you have to be very careful about the 'free' advice that is given in online forums. 

I've spoken to a few local attorneys and they have never heard of that.