Or you could just average the difference and charge that for the entire duration.

Cleveland is great, but since the pricing is so cheap investors sometimes put blinders on and get themselves into trouble by not doing their proper due diligence.

@Carley NaramoreI’m investing in Pinellas County rather than Tampa proper, but feel free to PM me, I’m usually up to chat about RE.

I have went as far to the city the city to check zoning and allowable units and am properly zone for at least 15 units .

Get with your CPA to see that you are on the right path in keeping records, doing it properly and avoiding tax fraud. 

If you buy a rental property most anywhere in the USA that isn't a hardcore ghetto for at (or below) it's fair market value and hold it for the duration of your mortgage, it's very hard to lose money.

They take forever but they are the proper way to go (from the start). 

It is non-corrosive to concrete and tends to be effective over a longer duration.

Hi members, I'm doing a BRRRR on a SF. buying ($60k) it using a personal loan and plan to refinance (ARV $80k) it from a local lender after rehab ($5k). rehab duration would be a month. 

But you should most certainly be interviewing lenders before you pull the trigger on a property to get the proper information on how they lend money.