The processing time for a Davidson County, TN Owner-Occupied STR permit application can vary depending on several factors, including the completeness and accuracy of the application, the volume of applications received, and the workload of the permit office.According to the Metro Nashville Planning Department, the average processing time for Owner-Occupied STR permit applications is currently 4-6 weeks.

This can reduce occupancy and reduce the average nightly rate (as compared to a higher nightly rate and lower cleaning fee). 

So check your market to see what the demand is, if pool homes get booked more and if so for how much extra on average. 

I invite you to calculate your average monthly appreciation over your hold.  

get more micro. we define a zip code as a market. there are about 7 zip codes in the city of columbus that we work in as well as about 15 in Miami. we look at the average housing unit delivered and try to develop under the median and average home or condo where there is a lot of absorption. that is mostly through smaller Floorplan design, smart floorplan design, etc. new construction and development you also have much more control over the overall development just my 2 cents. if you are just buying existing it's going to have some issues 

However, those houses are surrounded by people earning an average income of $22,000 a year.Location, location, location.

Just wondering the average home prices in that area. 

It really all averages out between the 10 percent monthly fee and or 8 percent monthly fee.

On average, 80 people move into Columbus weekly.

However, when I tried to get pre-approval for a new loan I was told I can only use 75% of the average rent for the area.