But more precisely it's an income property if you take yearly rent / purchase price + repair cost and if that is .12 or higher you have an income property.

The area that needs to be precision is your numbers on the deal. 

Having said that pre assembled cabinets are also better quality, because they are glued and pressed using precise squaring machines resulting in a more squared cabinet and a bit more rigid.

Cheers James,That's precisely why I moved to KW earlier this year - typically great performance from their agents when I bought as an investor. 

The level of detail and precision depends on your building department.Egress is often an issues with basement units.

I know there are more precise/accurate numbers in the MLS from what i am hearing, but until i can get a deal or two under my belt and get going i do not see the absolute value in it.

Thank you for being clear and precise.

It shows cash flow with a rent to purchase in the 0.7% area (0.723% to be more precise for my RE; I forgot the other RE number but it was not much different than my RE).Good luck

He also has a break even calculator for refinances that does the calculation PRECISELY.

As a wholesaler, you would never get an inspection with my REI, as that is provided only to offers submitted with POF and Load PreApproval letters PRECISELY to avoid every Tom, Dick and Harry from disturbing the tenants and wasting my time as well.Real data and inspections belong to real players, not speculators IMO.That's part of the game when you choose wholesaling.