More points of entry and access ought to result in a more resilient economy, but it can also play the other way - by having so many small operators, each could be loathe to part with his/her money, meaning that the system can freeze up pretty easily because of the lack of well-fortified employers that can absorb economic shock.

Hey Benjamin, if you become a pro member you'll have access to their calculators for analyzing deals like yours.Ross

@Scott SmithYou have the option of creating an qualified opportunity fund and investing in the qualified opportunity zones.There are strict rules on where you can invest in and how much improvements you need to make to the investment property.

Upper (and lower) South Providence has had some economic redevelopment type money for specific properties over the past decade, but I don't necessarily feel it's improved the neighborhood as a whole.South Providence is a closer to downtown, but Silver Lake is closer to the west end which is also nicer so I think they're about the same, if anything Silver Lake is slightly better since downtown/downcity isn't really residential.

I was looking at buying my first rental property in the spring but my financial situation improved faster than I anticipated and it looks like I’ll be able to purchase by the end of August early September.

I feel like I am on the right path because the three properties I wanted to make an offer on were quickly sold before I pulled the trigger.One of the most difficult things for me to find is a property which still needs improvements so I can increase the value to justify raising rents and accomplishing a proper BRRRR, but one that does not need a complete tear out and remodel. 

Improve them for max rental income if possible and higher quality renters, but don't over improve for the area.

I have already discovered they don't answer their phone, don't have website account access and don't take credit cards.  

My career goal is to one day design and build large, modern homes and I have access to the money required through investors, but having my dad on board is my number one priority.Build a successful real estate portfolio.

How does anyone get access to foreclosure listings to buy and rent?