The room is NOT a functional bath room.

So, I had a combination of hands on construction knowledge and management functions.

He is invaluable advice, free resources and payed.http://www.themichaelblank.com/session42/ this is great podcast to get started and allows you to visualize attaining something in a relatively short time period.

When sharing the forms - can someone also explain the importance or function of each.  

I'm not sure if any of that info (sqft, bed/bath) is tied to the title or anything or if the realtors just create the MLS listing based on the visual of the house having 2 bath. 

Real estate is a large, functioning market and if the property was worth more than the debt/encumbrances against it the owner would have sold it 99.9% of the time.  

To address the type of flooring material, first off, if you want a "luxury impression," stay away from the laminate fake wood.I would consult a local expert, but that said, I understand engineered products--with a substantial veneer thickness that's able to be sanded and refinished--are both functional and comparatively inexpensive to install over a grade-level slab.In terms of color, this is always subjective (and depends on what's going on with the kitchen finishes), but I would recommend a mid-tone finish for a flip.

For example, let's say the property "can't" go Fannie because it isn't a complete & functional home, and let's suppose the reason for that is because the kitchen is not complete, and the reason the kitchen isn't complete is because it doesn't have an oven.Standard two choices that people think they have:Hard money, 2 points up front, 70% down, 3 points upfront, horrible rate.All cash.Third choice:With the seller's permission, throw a freaking $75 oven from craigslist in there the day before the appraiser shows up, and buy the SFH using Fannie financing at 85% LTV, no points. 

The layout and functionality of the home is going to have a larger impact on its rentability than forced air vs. wall heaters.Yes, make sure your lease is solid.  

A lot of new drywall, plumbing, electrical, sub floors were added/replaced to kitchen, new windows, siding/gutters/fascia/soffits, flooring (much of home had original hardwood), plus all the visuals you see on photos (cabinets, granite, trim, etc).