This really depends on what your looking to do however for a very basic overview far west side is great, downtown and very close to the Cleveland Clinic, Little Italy, Tremont, and Ohio City are still great areas.

Quote from @Sean Regan: Very excited to see the continued growth in Charlotte. 

I agree with Collin.At the very least, you need 2nd home, "vacation rental" insurance.

If you decide to move forward, best of luck to you.

I am a voice of common sense and help them come up with the best way to manage STRs.

Best,Kevin

You have used home equity lines of credit to purchase investment rentals and want to know the best way to pay down the HELOCs.Between the two properties you bought, after expenses, you have $250 a month positive cashflow to use.What I like to do is pay down some principal every month with my positive cashflow.I use my extra active income from real estate commissions helping other investors to pay down the principal even more which just frees up that credit for me to use again.I know I can refinance the HELOC debt before it changes to principal and interest as it is just interest only payments as yours are.One difference is the cashflow, I have greater positive cashflow and could make the principal and interest payment in the future with the extra cashflow I already enjoy.I always get HELOCs on my income properties as well after purchasing them to pull out as much of my downpayment as possible.

The theme here is you will need a team - very quickly.

Best of luck!

Best not to step beyond owner tenant relationships.