I like to be precise as possible when dealing with this type of information because it could make or break a potential deal.

I completely understand that, which is precisely the reason I'm asking.  

Matter of fact I have lost a few renters who became owners precisely because of current rates+price points.

I used Patrick at Precision Sewers to do my sewer lateral.  

I'm trying to train myself into being able to analyze potential deals better, that way when I get ready to buy my first property I can do it with the numbers as precise as possible, and with as few mistakes as possible.

Here is some info on my business:Name: VillaNautics, LLCSlogan: "Navigating the world of real estate investing"Core Values: Integrity, Quality, Precision (not married to the last one) Goals: 1) $10K/mo in cashflow by 2023           2) $10M in Commercial RE by 2032 Passions: Family, Aviation, Investment REI just realized its 1.30am...maybe I should call it a night!

Here is some info on my business:Name: VillaNautics, LLCSlogan: "Navigating the world of real estate investing"Core Values: Integrity, Quality, Precision (not married to the last one) Goals: 1) $10K/mo in cashflow by 2023 2) $10M in Commercial RE by 2032 Passions: Family, Aviation, Investment REexperience: Some flips, currently 7 multifamily rental units

Plus, good cash flowing turnkey props aren't often to be found in those markets precisely because of the high values - the PITI eats up the returns.On rare occasion, of course, even a good TK provider may need to charge a sales price that's a tad over the appraised value, but not by $20k.

I have yet to find someone actually planning to buy big to rent out, for precisely  the reason you state - the cash flow will be negative after modest leverage. 

If you do that you have power because that is precisely what people that have money don't want to do.Good luck.