Providence, RI Student Rentals. Know anyone selling a condo?
Hello all, my son is starting school in RISD within next few weeks. Student rental are expensive and the make better sense to buy a condo and rent a bedroom to another student or even a 3-4 multi-family as away to invest and keep cost down for his living expenses. Does anyone know of any good deals for either property types? Anyone willing to owner finance or lenders who are flexible?
I looked at several units yesterday but I'm not sure about areas and how it all works in Providence. I'm willing to put the time and work into this investment but the realtor I spoke to is a newbie and could not answer some questions.
Is Providence landlord or tenant friendly?
Any assistance and guidance is greatly appreciated.