I would leverage your military experience with MacDill AFB and market your vacant units to service members who are there short term, looking for a furnished place.

John is correct...almost anywhere in Union City is a good investment but above 30th street and off or close to Park Avenue / Weehawken border seems to be most promising....as Park Avenue is starting to slowly resemble Washington Street' Hoboken in a few slective spots....thx

The project came with a mountain of reno knowledge to add to my handyman knowledge, and grew a love of GC'ing projects (and a lot of heartache and screaming, but that's for another episode).After running the numbers, I realized it was better to move into the completed cottage (950 sq ft) and rent my previous primary residence (1300 sq ft) as a month-to-month furnished rental.

In year two, it may still be too high if you claim any purchase- or setup-related deductions during your first year income tax return (i.e. say you net $20K on the Airbnb property, but you claim $8-9K in depreciation and $10-12K in furnishing expenses; the tax record will reflect that you lost money when you in fact improved your cash position by $20K). 

I’ve been hearing success stories when airbnbing people’s furnished rental properties (with owners permission of course) to save costs and time in purchasing and furnishing properties for Airbnb.

It's too short a timespan for a long-term lease on your home, the regulations in Nashville are too strict for you to do a short-term rental; you could do something like a corporate rental/rent to traveling nurses but then you'd need to furnish the house too.  

The place is well taken care of, has been remodeled, and comes with high quality furnishing.

@Tony SanFilippo I purchased the six plex for $235k and spent $300k on the rehab plus $50k furnishing and make ready for Airbnb.

FEES:Rent: $700Utilities and High-Speed Internet: $75Optional Garage Parking: $50 (or plenty of outside free parking)Security Deposit: $700Property Features:Private Bedroom: 137 sqft unfurnishedHome and Kitchen: Fully Furnished and EquippedMonth-to-Month Lease (pay online with checking account or credit card)Furnished Private BedroomFlat Rate UtilitiesFree Storage AreaFree ParkingFree Planet Fitness MembershipFree LaundryFree Planet Fitness MembershipPets: stay in owner's room or accompanied in backyard.Private Room Occupancy: 1 personVid Tour: (coming soon)Lease Terms: Month-to-Month 

The temp housing company will pay the rent and provide the furnishings for the family.