Cabin rentals out there are not like houses for primary residences.

Quote from @Charles Evans: You are actually behind the 8-ball on this.

I'd love to connect and share experiences and strategies, as there’s so much value in learning from each other in this space.

Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

What made you interested in investing in this type of deal?

In Charlotte, I'd personally on South End, NoDa, Plaza Midwood, Dilworth, Elizabeth, Uptown, or areas a bit further out like Ballantyne. 

Also, what should a new investor be aware of when diving into this market?

Zoho Campaigns, this is to send out emails similar to Constant Contact.

This is a great first step into your financial future.

This number carries over into the two replacement properties.You don't mention capitalized improvements so I have to assume that your adjusted cost basis in the relinquished property is $230k.