What are current loan terms today versus 2 months from now versus in 2 yrs?  

Long-term fundamentals?

I am looking to make an offer a 2BR condo for use as a long term rental.

I think holding is a great long term plan.

Hey @Raven Ye Mahar, so you should call the city and make sure but if you are renting it long term, you shouldn't be on the hook for any of the occupancy taxes.Nashville has a STR Occupancy Tax - https://www.nashville.gov/departments/finance/office-treasur...In the end, I would just call the city and get the deets that way. 

Is it for a shorter length term than the normal 30 yr?

What specifically are you looking for in terms of investing? 

Supply and Demand: When buyers outnumber sellers, prices and rents rise.Population Growth: Cities with significant and sustained population increases are more likely to see long-term rent growth.Job Stability and GrowthA property’s value is tied to the jobs in the area.

What are your Loan terms and P/I relative to the cashflow after taxes?

Pensacola has a lot of potential, and I’ve seen investors do really well in the area with both long-term and short-term rentals.Since you’re just getting started, here are a few tips that might help:Know Your Market: Pensacola’s mix of military families, college students, and tourists means there’s a steady demand for rentals.