The type of home you can get in White House is a different universe compared to what you'll get in Nashville if you're trying to be 5 mins from the urban core.Make a list of what is MOST important to you and that will guide your decision making.

Great question @Lorraine Hadden,You should always compare both side by side to see the advantages /disadvantages to each.

Obviously I want to keep my costs low but still want to spring for amenities that would give me a competitive edge compared to other rentals.

I'd like to know your thoughts/advice on how to compare long-term and mid-term rentals.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

Compare other rentals with a similar size, location and bedroom count to get an estimate of what the rent would be while you're living there.

What are the comparables in your market doing at your expected price point?

This is a beautiful house - rehabbed/looking new and fresh - walking distance to the water etc, yet low gross yield  compared to Byrd (???)

**Maintenance**: Be prepared for a bit more wear and tear compared to market-rate rentals.

Given you and your investor both have experience in different areas, I’d say keep a flexible approach and compare city requirements before putting too much money down.