You can likely get 500 different opinions on this question, but generally speaking, as a long time flipper who has made plenty of mistakes I try very hard NOT to repeat, buying on busy streets will hinder your buyers pool.

Speaking with a lender would definitely help! 

I have done plenty of research and would like to speak to someone one on one and hear their story.

If you just hire the cheapest or first PMC you speak with and it turns into a bad experience, please don’t assume ALL PMC’s are bad and start trashing PMC’s in general.

But, I cannot speak for your scenario.I have generally found that you get what you pay for with contractors.  

@Maria Mejia Propstream is legit but you were speaking to someone from Pakistan or India, most likely.

My career to date speaks towards getting involved with multifamily investment, but I'm really open anything on the spectrum at this point including single family.

@David Mateo Camelo CorredorHave your friend speak with their lawyer before going further.

Tenantcloud is supposed to be great, but again I'm on buidlium so I can't really speak to it from experience.

There has been new regulation voted on in the earlier part of 2021 that will phase out new permitting for owners of these RM zoned properties throughout Nashville starting on Jan. 1, 2022.If you purchase a property in this zoning, close, and apply for your permit prior to Jan. 1, 2022 then you will be grandfathered in on this zoning and your STR permit as long as you keep your permit active with a yearly renewal fee (currently $320 with a credit card).However, if you purchase a property in Nashville that is currently an STR at a current income-based appraisal approach in these zonings it is important to know that you will more than likely not be able to resell this property to anyone else under this appraisal approach and could greatly affect your long term plans of these types of properties.I have had several other realtors, investors, developers speak with me recently with the solution that they could simply put the property into an LLC and then sell the whole LLC in order to skirt around this new regulation.