I was able to line up a RE salesperson position with RE/MAX before I had even tested.Also, I live in a tourist area in Central WV, so my interest naturally moved to vacation rentals.

I would not recommend Nashville as a specifically short term rental oriented market for several years until they sort out the codes.However, I own 5 short term rentals in the Smoky Mountain area of Tennessee, and they are killing it, and since the economy out there has relied on short term rental cabin/tourist traffic for decades, it would be one of the last municipalities to crack down on that, if you're still looking for ideas.

I could imagine that in the example above it will perfectly work out when they advertise it enough to the millions of tourists who visit NYC and offer direct shuttles there from convenient locations...

It is also a beautiful town with several tourist donut cities.

I have no idea what tourism is like in your market, but you should be worried about how many tourists you get at all times of year, and use that to calculate vacancy factor.

Rent out at obscene cottage prices for the tourist season, and then at reasonable suite-hotel prices for the rest of the year.For the winter months you could even make it a "corporate rental" scenario where contract consultants and travelling technicians stay in it for 1-8 weeks at a time.

This town was generating millions in tourist fees each year and owned its own golf course which was very profitable.

Tenants are almost as bad as a tourist passing through town, they will move across the street for a few bucks difference a night!

You have anything (inc non traffic misdemeanors) or if you've taken drugs in the last 500 years, then you won't just be turned down in the immigration, you'll be barred from the US for 10 years (even as a tourist). 

Wasn't really a tourist spot :-)