Love the thought of this, similar done in Nashville and we recently picked up a STR management client there. 

I would imagine you could pick any city from Milwaukee to Nashville and find similar circumstances with regards to the downtown movement and universities.  

Can anyone recommend someone in the Nashville area?

Nashville-Davidson-Murfreesboro-Franklin, Tenn.

Birmingham, Atlanta, Kansas City, Indianapolis, Cleveland, Columbus, Cincinnati, Nashville, Chattanooga, Tampa, Jacksonville are all great markets with net yields of 8% to 12%+.

My tests have been passed and I'm waiting on my real estate license to come in from Nashville and I'll be hitting the ground running.

In PHX/Orlando 2004 and out in 2006 again in 2010 and out in 2012.Theses days I'm very active in OKC, Tampa, Dallas, Houston, and Nashville. 

However, 2 are in Nashville which is a warmer climate year round (which I think makes a big difference on seasonality).  

Of course it has been covered that the 2% rule is somewhat area dependent, So wanting to discuss my area "Nashville TN" Specifically but may be a question others can benefit from.I seem to have no problem meeting the 2% rule but the houses are low cost, very low income, and not really desirable locations.

I'm buying out of state - for $700,000 or $800,000 I could buy 2 Class A homes in Nashville Tennessee suburb , Indianapolis suburb (Class A excellent schools, where I have house #1, just bought another SFH there).