I think anyone wanting to invest in real estate will need to have goals and Define for themselves minimum deal standards and return expectations. beyond that, I think it depends on the investors personal preference.

I preferably would like to take on the BRRRR strategy, starting small. 

I want to find a safe place to live, preferable East side of Providence like Wayland or Blackstone, College Hill...and easy to get long term tenants if later on we move out of RI.

@Matthew Otero I actually greatly prefer MTM tenants as this gives you as the land lord more flexibility.

I prefer just to turn the inventory, the tax hit isn't on the top of the list of my concerns ;)  

We’ll be DIYing all reno’s on the interior to cut costs but we’d prefer to have professionals do the exterior.Thanks a bunch!

We’ll be DIYing all Reno’s on the interior but we’d prefer to have professionals do the exterior.Thanks a bunch!

I would preferably get a buy to let since renting through rooms (to a target audience of students) can offer 8% net rental yield.

I do prefer the face to face interaction, but I can get on a plane if I find an accountant that helps me meet my goals and interests. 

My intention was to structure the deal as a 40/60 Split with an 8% preferred return, however, he would prefer to avoid a cash-out refi and use long term debt.