Unfortunately, this property has a variable interest rate that is currently 6.5 %.

Rentometer is ok in some areas I guess where the housing stock is pretty generic, my area has way too many variables for it to be accurate enough to rely on.

HI Delaney, a lot of people will say to be carful in the Hilltop and South Linden areas of Columbus because of crime and other negative variables.

My income is variable but typically around $130,000 annually, with a 60-70% savings rate.I’m just starting out and eager to learn, so any advice, experiences, or strategies you can share would be incredibly helpful.Thank you in advance for your insights.

@Mike M. two variables here: 1) SOPs of the PMC2) Owner PreferencesThese two variables need to match for a good relationship.Recommend you make a list of your preferences and email to your PMC and ask to schedule a call to discuss.We share EVERYTHING with our owner clients, yet many complain we communicate too much!

The database or spreadsheet contains the variable items that are to be input into the blanks of the document. 

But, there are many variables that make it difficult.

Looking for something that helps factor in all variables, fixed costs, interest paid on hard money loans, reno costs, etc etc. 

Perhaps instead consider using private money, doing the reno as quickly as possible, and then using a DSCR or conventional refi to pay off the private money.I tend to agree with @Drew Sygit and @Nathan Gesner that tapping the equity of your primary, especially with something variable and unpredictable like a HELOC, is not a good idea, but with one exception.

Pick the policy type based on your comfort level with dividends vs variable interest crediting, policy flexibility, and loan options.