It is my understanding that this needs to be done asap since I am aquiring it as is where is..How should I approach the current owner/tenant?

Honestly no, margins generally get even worse at lower price points, not trying to be a dream killer, I just know so many agents just make crap up or just haven’t flipped so they don’t understand the numbers involved, it’s near impossible to find anything I do a few hours a day everyday in 15 counties looking for deals on the mls, through wholesalers etc & I haven’t bought anything in over two years.

**Market Insight and Legislation:** I’m seeking guidance on understanding the Nashville market dynamics and navigating any pertinent Airbnb legislation.

While I understand regulations may vary by condo association, I'm also wondering if there are general restrictions on operating Airbnb in the area. 

I'm not sure I quite understand your question.

I think that's we narrowed it down too but understanding restrictions are a bit confusing.

And be care of taking advice from someone who has something to gain from you.I don’t understand how you can run any numbers if the occupation rate is a big unknown.

if they don't agree, go visit the  auditor, and have your baseline argumentation coming as well. they're very professional overall.sometimes , the best way to understand things is also to understand the exact tax language, word by word.

You are doing the right thing by getting your ducks in a row and understanding your timeline.

I currently have solid relationships with a real estate agent, as well as a quite a few tradesmen in the area.