If that money runs out, Medicaid will step.To prevent abuse, each state has stringent rules including "look back" periods where the state can disqualify someone based on the transfer of assets.

I'm a number cruncher as well,  I always like to measure Cash on Cash Return, that's my fav number :) What is your key metric?

Also I should point out it was advertised as being 575 sq ft, so when the living space (tax office doesn't care about living space, it counts the outer envelope) was measured it was a good 100 sq ft less than what I thought I was getting.I also figured I'd use the small size to my advantage.

I'll have to add IRR to my calculations so see how things measure up.

These goals should be very simple:1 - You need to pay off all your personal debt2 - You want to have enough passive income to cover all you monthly bills3 - You want to accomplish this by a specific date.4 - You want to have fun doing this.Once you set these numbers, you "reverse engineer" from there, establishing as series of groups (elements of the steps above) called "measurable milestones".  

You cant manage what you cant measure - order a home hygrometer for $10 online and measure the relative humidity in the house.

When I did my first flip I measured up things like rooms, counted doors and sizes, measured windows, etc...

Does anyone use any form of 3d measurement devices to take measurements that can then be uploaded into a design software?

@Frank D.Qualification for real estate financing on residential properties it more stringent here in Canada than in the U.S.A.  

Is your criteria too stringent?