I plan on doing long distance investing since I’ll be deploying to Japan soon! 

I know people that set their ac to 70 all summer long.

Which city would be the best investment for 2024 among Little Rock, AR, Atlanta, GA, and Nashville, TN for a buy-and-hold strategy aimed at long-term appreciation?

No system is perfect, so don't waste your time chasing after the next shiny object.

Purchase price: $212,500 Cash invested: $50,000 When we talk about long term rentals the goal is to buy something that people are going to live in 3-5 years with the ability to raise rent over time ahead of insurance, taxes and inflation.

The part that I am having trouble with is long term equity. 

Purchase price: $215,000 Cash invested: $55,000 When we talk about long term rentals the goal is to buy something that people are going to live in 3-5 years with the ability to raise rent over time ahead of insurance, taxes and inflation.

I would not especially if it’s a long term holdLastly if cash flow is negative they pitch in ?

Lot of great replies on here already - only thing that I would add to consider is getting a few outside opinions from realtors, other hosts, property managers, etc. about the medium to long term outlook for STR regulation in your specific area.

That's an incredibly long time for a home to not move.