Very up and coming city located about 30 miles south of Nashville.

At a 500-700k budget, I'd look at a 2-4 unit property in places like East Nashville, Colorado Springs, Raleigh-Durham, Richmond, VA, maybe Salt Lake City (though that budget might not cut it there).

(Not on the local MLS) While in Nashville at a doctor appointment, I guess the algorithms were in my favor and it appeared on my phone.

I mean look at it this way; remove the entertainment industry, say it collectively relocates to Nashville, what would happen? 

I was just at a conference in Nashville and one of the speakers was 24 years old, he was able to raise $2mil in 24 hours for a $10mil syndication deal, anything is possible. 

I live in Southern California, have family in Tennessee (Nashville), and real estate friends in Indianapolis.

I want to move out of Florida, and wondering if outer cities near Nashville would fit my goals.

Here’s a focused approach:Expand in High-Yield Markets: Look beyond North Carolina to high-demand short-term rental spots like Nashville or international markets (e.g., Mexico, Costa Rica) for diverse, stable cash flow.Invest in Multi-Family Value-Adds: Consider multi-family properties in growth areas like Texas or Florida where rehab can increase rental income and appreciation.Leverage Trusted International Partners: For global investments, work with local agents familiar with foreign buyer regulations to streamline acquisitions.Use Property Management for Scalability: As you grow, property managers can handle logistics, especially for out-of-state or international assets, so you can focus on new opportunities.For specific market insights or connections, feel free to reach out, I’d be happy to help.Best,Drago

I also considered Nashville, Tennessee and Arizona.

I'll bite bc I love the STR market conversation - Mammoth Cave in KY, New River Gorge in WV, Hot Springs in AR, Nashville, IN (the town Nashville located in Indiana), and any major college town that you don't hate with a growing population and level 1 trauma center hospital.