Thanks @Brian White - the site is ripropinfo.com - and beside's Brian's excellent insights you'll also need to register with the RI Secretary of State, @Steve Porcello, as an out of state landlord.If you're serious about investing in RI I'd recommend joining or staying apprised of (and occasionally attending for relevant topics) RIREIG which usually meets the 3rd Thursday of each month (rireig.com).RI often takes inspiration from MA with various laws, but they are not exactly the same and it's important to know the differences, such as various landlord-tenant considerations, lead paint, fire coding, etc.

Occasionally, an option to purchase is secured by a DOT or mortgage.A land contract mean that someone else is record title owner and has agreed to sell or transfer property to a buyer (actuall called vendor and buyer is called vendee) with anticipation of satisfying and completing the terms of the agreement and receiving fee title.Better to get a title report now to properly assess the status, pull and review any recorded documents affecting ownership adversely and consult with a qualified attorney if the offending document interfere with you full array of benefits yo ownership.

They don't come along frequently, but you can occasionally find one of the older Holly Springs homes (not in a subdivision, and make sure it is zoned for Wake County schools), that you can buy for under $100K and renovate before renting.

Nothing with pools or extravagant appliances, mahogany, or granite, basically.  

I don't know where your home is located, but in my experience many of my clients only move here with one car shared by the family - almost anywhere you are in Montclair, public transportation is nearby, so I think you'll be ok finding the right tenant.Wish you the best of luck in resolving the issue and hope you stick with the real estate investing - the occasional headaches are always worth it!

Owner occupants started looking at duplexes and the occasional 3-4 unit depending on configuration driving those prices up to unreasonable levels. 

Sure occasional inconveniences crop up, but what AirBNB did was beyond terrible, and has motivated me to work on separating from them - but that's going to be a lengthy process.

In fact, it seems like a landlord is lucky to find a renter that will even occasionally water the landscaping, let alone weed or do any maintenance.  

There are occasionally scenarios where a negative cash flow does make sense long term. 

He occasionally has telephone discussions from California with the management company in Nevada regarding the property.