Since this is a yearly assessment tool, would you ever factor in holding cost if you anticipate a rehab taking a significant amount of time??? 

You especially want to know if there are any big assessments coming up and also if they’re going to have a problem with your renting out the unit.As far as RI vs other areas of the country, I think it comes down to your comfort level.

So your initial assessment (pre-refi) will not yield you a 6% ROI. 

Coming up with exit strategies from every deal you come across helps you better assess your options as an investor with a home.

@Jordan Meyer when assessing OOS markets, you should look at the current population, population growth rate, median sell price, median property values, median household income, unemployment rate percentage, etc.

Disclosures show some foundation issues (brick), so I'd like to get a foundation expert in to provide me with an assessment/estimate before my inspection contingency expires.Do you have anyone you can recommend?  

Walk through them and assess the work that needs to be done even if you're not ready to buy. 

Columbia works very well and very consistently every day for a lot of people but every property, here or on the Moon, has to stand alone and you have to assess each by itself.

You have your answer above, but I would definitely assess where it is and the landlord-tenant laws. 

Buy the house and then assess your liability from a legal standpoint with an attorney.