Main factors were: Tourism growth, city growth (businesses and residents flooding to Nashville) - will ride the appreciation wave long term as the city rapidly grows and expands, and year round tourism - less seasonality.

If you’re looking to take extra cash out generally this season requirements start at 90 days, some lenders are six months.

We spend 6 months there in FL...usually in the snowbird season so we get the best of both worlds - mountains and beach!

@Matteo Girlando one thing to consider is find private money, make a cash purchase and let it season if your lender has any title seasoning requirements.

We are considering taking cash into our business to season for down payments on new properties.

My question for you more seasoned investors is, what policy terms must I make sure are part of the policy I end up selecting to ensure maximum protection of my asset?

@Adam Taylor like Jordan shared, I will always recommend working with a seasoned and high quality broker in whatever market you choose to invest.

The year round demand with two peaks (ski season and lake / beach season) combined with a lower regulation threat make them pretty good places to own an STR.

The nice thing about them is there seasoning requirements are low and they hold all there own mortgages.

I have no doubt, once I have tenants in the unit and seasoned the property, I will be able to refi out all of my cash plus a few extra dollars.