Nashville is a fantastic market with strong rental demand and long-term growth potential.

Metro Atlanta, generally speaking, respective markets 30 to 45 minutes from the City, will be tight on cash flow unless you implement a creative investment strategy, such as short-term rentals, medium-term rentals, or rent-by-the-room properties, or allocate at least 30% to 35% towards your downpayment if you intend to hold the property as a long-term rental. 

Trying to figure out whether is it worth transitioning my 2br 1ba 1100 sqft unit to midterm rental from long term rental in Renton WA?

I would find a loan officer that does both conventional and FHA renovation loans to compare which has better rates and terms for your situation.

@Michael Baum how many Short-term rentals do you manage this way where you are on call all the time?

I'm thinking long term rentals will be a good retirement plan.

I would have asked you what your long-term goal is but you have already thought about it.

They aren't going to magically improve and start abiding by the lease terms but I think there is definitely a possibility that the situation gets worse.I think that's a good point.

Do you think you will be in TN long term?

Greg,What type of mentor are you looking for, in terms of where do you need the most help right now?