Tennessee brings in more than 11 million tourists each year. Visitors flock to the area because of its proximity to the Great Smoky Mountains. The state is also commonly known for its outdoor activities coupled with cultural and music hotspots like Nashville and Memphis.
Tennessee has the lowest cost of living in the US and attracts many people due to its tax-friendliness. Tennessee's vibrant healthcare facilities and vast network of hospitals make it a desired location for families. Many foreign-owned firms, fueled by the automotive industry, have invested more than $34.6 billion and created almost 138,000 jobs across Tennessee.
There are four distinct seasons near the mountains, so residents can enjoy every activity for each season which creates greater rental occupancy year round. Property and violent crime rates in Tennessee are low along with median home values standing higher than the national average. With an unemployment rate 7% lower than the national average, and an ever-growing presence of foreign investors, more people are expected to move to the “Music City” and will need places to live.