@Drew Yee I like to look at unemployment as a measure to see where we are at.

Due to peaks in the roof, square footage is difficult to measure, but I believe it to be over 100 sq ft at areas with the ceiling over 7 feet.It is currently unconditioned space, so I was thinking of adding baseboard heaters. 

I'm viewing a property from Realtor.com tomorrow: I'm taking my notepad, tape measure, and camera (I'm also a photographer) to document anything that seems to warrant noting, measuring, or photographing.

For residential rentals, unless it has 5+ units....CAP rate is not a very good measure of an investment.

Avoid using that language that is impossible to measure- such as you will hustle more anyone else, or that you will work harder than anyone else.

Productivity is not measured on what you say yes to, but what you say no to.

I help take ideas, turn them into actions, and ensure those actions result in measurable benefits.

I’m guessing your question is about your “basis for depreciation”......a “basis point” is 100th of a percent, referring to interest rates, easier to measure/quantify small changes.

I also highly recommend to any entrepreneur, real estate or otherwise, to put Kate's Take on their essential must read/listen to podcast/blog to learn how to make Specific Measurable Attainable Relevant & Time-bound (SMART) goals.

I like to use a famous person's quote on why learn IRR:"We choose to LEARN Internal Rates of Return (IRR) and do the other things, not because they are easy, but because they are hard; because that goal will serve to organize and measure the best of our energies and skills, because that challenge is one that we are willing to accept, one we are unwilling to postpone, and one we intend to win, and the others, too."