I'm looking to finance the project long term in a way that is helps me create positive cashflow.

Just in case.Ultimately whatever correlates with your future plans but a solid way to build long term wealth.

Hey @Raven Ye Mahar, so you should call the city and make sure but if you are renting it long term, you shouldn't be on the hook for any of the occupancy taxes.Nashville has a STR Occupancy Tax - https://www.nashville.gov/departments/finance/office-treasur...In the end, I would just call the city and get the deets that way. 

Are you asking in terms of lending?

Hey @Eric Andersen, so there are a lot of regs in the DFW area.https://www.fortworthtexas.gov/short-term-rentalsRentals are not allowed in residential districts: A-#, AR, B, R1, R2, CR, C, D, UR.Dallas recently banned STRs in single family homes but there was an injunction that blocked it.

And it often works because they are often working such long hours they are almost never home. 

Many Naive subject-to first timers think that as long as they make the payments, life is good.

., short-term rental, mid-term rental)?

Let's look at each:MATERIALSMaterials are actually the easier of the two to understand & monitor - as long as there's a decent amount of transparency about the materials needed. - Once an owner knows what materials are being used, they can then check pricing at Home Depot, Lowe's, etc. - Some materials for bigger jobs, like concrete, are harder to check pricing on.

Quote from @Nicholas McCormick: Howdy-Does anyone have any experience with short term rentals in the Bloomington, Indiana area?