
7) Nashville, Tennessee
Music City, U.S.A. is a fun and energetic place to invest in a vacation home for yourself, and a one profitable when you decide to rent it out. Nashville’s got a lot going for it. The explosive music scene, charming southern hospitality culture, and impressive history make it a city with mass appeal. The birthplace of Elvis draws a lot of vacationers and tourists. That’s why you’ll have no problem finding a short-term tenant to occupy your house while you’re not there. If you can manage the $220,000 or so for the average home, the money you make on your returns is likely to put a smile on your face. Home value appreciation in Nashville was the third highest in the nation in 2017, making this southern city worthy of investment. The median rent paid here is one of the highest on this list at $1,600.