Bob is right that you can get better cash flow on the east side, but I still see deals pop up over there from time to time and I don't see any rapid depreciation in those neighborhoods coming any time soon and I think if your strategy is to buy and hold in nicer areas with less risk, it's a very good area to target.

To make this deal even better it is in the middle of my drive to visit other communities I own.

The rental market is strong too, especially in Midtown and East Memphis, with low vacancy rates and a 5% rise in rental prices.

South East on the Ohio River, just over two hours away from Columbus. 

Todd, I believe you are talking about the traditional STR play in "middle America".  

We are not sur yet if we should do short term or middle term rental.

There is no middle ground with rental property. 

I’m looking to employ a similar strategy as you on a house I am renovating in East Nashville currently.

I drove to Birmingham today and I saw a lot of vacant and abandoned houses in the east lake area.

I am assessing investing in Middle Tennessee for long term rentals and would love your thoughts on where the hotspots are likely to be over the next couple of years.