Thanks for the responses, guys!
@Lincoln Coverdale, is your heights property near enough to the circle that you rent to students, or is your angle more on young professionals and families? I was once a student in University Circle, living in Little Italy and Coventry areas, and although students can really lack respect for the residences, they often come with financial parental backing, which is a huge plus!
@Tom Ott, thanks for the encouragement on heights. You're totally right, its really starting to improve over there. I was worried about East Cleveland spreading south... but I think that rising demand due to improvements from the circle is more likely.
and lastly, @James Wise, i literally just finished listening to your BP podcast... unfortunately the cavs lost that year :) Thanks for the tip on expedience with the offers. My current realtor does not have much experience in investment property, so I'm looking into working with someone who specializes in this area. Once our refinance is complete and we (husband and I) have a clear plan of action, I'll reach out to see if Holton Wise could be a good fit for us.