On top of that these markets have done very well in terms of appreciating in the last 5 year (See Memphis 50% increase, See Detroit 100% increase).

If the constant turn-over bothers you, but you like the idea of rental income - maybe the long term rental is the way to go.  

If you intended to keep them long-term, it doesn't really matter what their market value is right now.

Newbie here - 2 weeks into my first property, I plan to house hack short-term rental (live in basement, rent main house) in Nashville.

Hi BP Community, I have a few long-term rental units, but am thinking about transitioning into the more lucrative space of STR.  

Seeking stable, long-term housing can lead to longer tenancies and lower turnover costs, which is what many Section 8 renters are after.There are, however, disadvantages to take into account.

You and your cleaner should form a type of business relationship that will last long-term, which benefits the both of you.

I currently have 2 long term rentals, looking to add more cashflows.

The combination is that high LTV financed RE is not only at an all time high but in terms of inflation adjusted cost is at greater than 40 year high.  

I'm looking to do a house hack and open to doing STR, mid-term or long-term rentals.