New Real Estate Investor in Nashville

[Carl Fitch]

Hello everyone! I am currently an undergraduate student and plan to move to Nashville for my internship at PWC next summer and then pursue my graduate degree afterwards. I plan to rent for a few months, get a feel for the area and then hope to purchase a home sometime around next January and rent out any spare bedrooms I have for a few years until I become more established in my career. Eventually (within 5 years) I would like to move back to my hometown in Northwest Arkansas and keep this home in Nashville as a rental property. I forgot to mention that I have family in the Nashville area so I wouldn’t mind coming back to check on this property regularly. 

Does my plan sound logical? Does anyone have any similar experiences? Should I rent for the 4-5 years I'm in Nashville? Does anyone have any insight into what properties are doing well in the area (SFR/condos)? Any advice on how to find good deals? I am currently reading Brandon Turners book on rental property and hoping to learn as much as I can over the next year. My budget is $300,000 max and preferably under $250,000. Any advice would be great for me! Thanks!