There's a nice profit to be made while enjoying a nice vacation spot in the mountains when you want to take advantage of it. 

While I am still saving money and deciding between moving out there now and "househacking" which would involve a job/career switch or buying as an investment property, I have a trip planned for next week to Nashville.

Johnny is not married and has a W2 job.

If you can do better, great, but you really have to understand your market, do an excellent job setting up and operating your property and you have to stand out from the crowd to earn those higher rates.

Can I offset my W2 job with the cost segregation study for my rental property so less income tax I need to pay every year?

It is now rented out to a nice section 8 tenant and I have that income coming in every month.

Cap rates are great in the 70-110k range of properties, as rents still are really nice for that price point.

Otherwise it's just another stream of income like a job. 

Jacksonville's real estate market is characterized by a stable yet dynamic environment, a good number of reasonably priced home options, and a strong economy supported by notable job and population growth.First, as far as market characteristics go, Jacksonville offers a balanced market, meaning that neither sellers nor buyers have a clear edge.

Nice- sounds like it!