I'm pretty sure that Zeona McIntyre (BP Podcast ep. 229, https://www.zeonamcintyre.com/) will manage properties regardless of location.

A basement may be used for habitable rooms or a dwelling unit, regardless of the depth of the floor below grade, if the floors and walls are impervious to leakage of underground and surface water and are protected from dampness, and if the required minimum window area is located entirely above the finished elevation of the grade adjoining the basement wall in which the windows are located.

It's all about location.

Are you located in the Kansas City area?

They're so busy they don't have time for BP or networking groups, but some have been around for decades.If you meant geographically, I'm sure there are investors in all 39 cities and towns of RI, though the ones on Block Island may be a little reclusive ;)

I have been interested in buy and hold properties for some time now, but have been reluctant due to the feeling of not being in a stable location. 

Did you ever locate one?

This is similar(ish) to trying to predict gentrification trends with new Starbucks locations.

I am 26 years old and beginning my journey in real estate investing in the southeastern Massachusetts or Rhode Island areas.

As I said numbers do not tell the whole story we need more info on the property and location to make an informed decision.