I would double check with your accountant on that though as you don't want a nasty surprise down the road (and you know what they say about assumptions).As far as Providence & the East Side, I attended a neighborhood meeting a few weeks ago with some people from the neighborhood and some folks from the Providence Building Department.It does sound like they are leaning in favor of some additional regulations for AirBnBs in Providence, which may involve needing to get a special permit.

We went in expecting ZERO appreciation - strictly buy and hold and expecting to make our money with cash-flow from rental income.

Hope to see you at the Manchester meet up and Happy Thanksgiving! 

@Peter Hynes - nice to meet you!

be organized.Example:3 months goalEnroll in real estate class-network and meet at least 3 real estate related professionalsSave XXX dollars toward first purchaseWork on marketing strategy, and overall strategy (define markets, focus will be SFR, buy and hold with 150.00 cash flow etc) 6 month goal--pass real estate exam--Save xxx--Improve credit score from 675 to 745make these goals quantifiable and specific, in other words you can cross them off when you get them done.The plan won't be perfect buy it's a plan and you show you are executing on it. 

@Richard Lema Check the BP events page to see if there are local meet ups of investors in your area.

Any suggestion on where i can find some meet groups or educational seminars to help get started in this space that want waste my time.

Second, visit local real estate investor meet-ups.

This is strictly an emotional argument.

Coupled with that I have been trying to take action like going to a real estate event and I meet with a real estate agent yesterday.