We'll take great care of a property:  I'm a veteran & service academy graduate and my wife (who is a better person than me by a mile!)

The comps that I used were all recent sales, within one half mile and withing 20% of the sqI would just like to ad that one of the forum pro's got a number of $397,000.

And I understand those miles can be useful for IRS purposes.

This truly is a college town with roughly 7 colleges within a 5 mile radius.

It is a few houses down from two my parents have and about five miles form me. 

While also following my family method of arrive early, work hard, be dedicated, go the extra mile, get married, buy a house, have kids, do your best to be happy.I have followed these regimes since I was 10, starting with cutting, splitting, and stacking wood, pet sitting, yard work, and many other forms of physical labor.

Your job is to pick one area and focus on it with everything you have.My tip:  No more than 5-10 miles from your home.Good luck!

As such, I am looking at surrounding markets that are within ~150 miles of Nashville for my first multi-family property (i.e.

The problem is that I live in PA, almost 400 miles away, so I wouldn't be able to be there for the kind of small issues that arise with short term renters.  

I am okay with the rents being lower by 5% but anything more@Casey Miles Based on the little experience I have with the being a landlord and the issue I am facing above I would say you should monitor the rents yearly and as long as as the rents are 5% to 10% off market we can not increase the rent.