We do rent out my husband's house in Fort Myers which cash flows nicely but he lucked out and bought it at the bottom of the market. 

. - Front room screen was ripped in the bottom corner.

Unfortunately these investors are only considering yesterdays numbers and do not accept any numbers that would work against their bottom line.Whenever I hear a investor throw out a positive cash flow number on these types of properties or talks about paying down a mortgage to increase cash flow you know they have no concept of the real numbers of the business. 

Definitely still an affordable area though fourplexes and duplexes continue to rise in price (they bottomed out in 2011 when out of state owners were fire selling and getting foreclosed on).  

The other business can become competitive or continue to struggle at the bottom.

But it sounds like the color scheme you have is neutral enough that you should be okay.If you plan to stay in the house until you sell and don't have any pressing need to move elsewhere, holding costs may be less of a concern to you, but days on market still should be.

The bottom line was yes, they all did.

People at the bottom (fixed income people living in rent controlled buildings) see new development as increasing the likelihood they are displaced from their neighborhoods.  

Bottom line- If I were you I would look for some multi families in Providence and DO YOUR RESEARCH.

You can use a website like rentometer.com to check where a unit ranks.A Class = Top 20% of rent price in it's areaB Class = 20-80% of rent price in it's areaC Class = Bottom 20% of rent price in it's area