As one of our posters (and Buffett) says....it is better to be approximately correct than precisely wrong.

I do agree that this is one of the best resources on the Internet and as a new investor that is precisely why I decided to join.

But great point, go precisely after the type of biz interests you want.  

My wife and I had freshly purchased our home when I originally posted and so we had a survey freshly drawn up with exact GPS coordinates (latitudes/longitudes, precise measurements to the inch, etc.). 

If followed precisely, you will succeed in building a real estate portfolio worth over a million dollars if you follow this strategy.Step 1: Increase Your Earning Power.

These are a lot more precise than the CAR forms that realtors use. 

The thin margin is precisely what I am concerned about, but in reverse of how you're describing it.  

TD was also making noises of doing the same, but I'm not certain if they ever put it into practice.The problem you will encounter with a small commercial property at most tier-1 lenders (Big-5 banks, and major credit unions) is the commercial lending department is not particularly interested in a property under 1 - 2 million  ... leaving you in no-man's land {which is precisely why RBC started handing 5-6 unit properties as residential}.Once you move to commercial lending, you run into more costs - things like originating fees {like you hear about in the U.S.A.} as you are paying the lender's legal and administrative costs.  

Thanks for the precise answer!

Well I am going to give you precisely the opposite advice of these guys.