The are plenty of rental opportunities in the Federal Hill and Armory district of Providence.
Hereâ€™s good place to start this is the Rhode Island living site. You can also check Craigâ€™s list
Unfortunately, if a property has multiple offers on it, and many forclosures do, the bank has the listing broker go to a "higest and best" offer situation. This gives all of the people making an offer an opportunity to make a higer offer, the best offer that a buyer is willing to pay, thus, Highest and Best. If this is a good investment for you, and you are willing to offer more for the property, have your agent do a CMA to establish a "fair market value" for the property. The banks today are looking at this as a basis for selling their properties.... more