The other 40% is depreciated over whatever the official "life" of the corresponding property is. 5 years for cabinets, 15 years for driveways, and so on.5.

Currently, my main bottleneck is going through hundreds of leads to qualify them before I spend the time running numbers; it would make my life easier & the business a lot more efficient if I had a VA who I could train to go through/qualify the leads for me so I can focus on the valuation/reaching out to homeowners.

You will find hundreds of spreadsheets already built, usually available for less than $10.Example: https://www.etsy.com/listing/1220746871/rental-property-roi-...

I did an ABNB search compared to a hotel for a Big Island trip and initially it looked cheaper than a hotel by several hundred dollars for 4 nights. 

I got so tired with our industry keeping people out when there are more than enough projects for everyone.I’ve developed hundreds of CVS and family dollar stores across the US along with the shopping centers, industrial parks, and housing.  

Prior to 2007 there were "Gurus" preaching the idea that it was all right to lose a hundred a month net because the property would be appreciating an average of 5.5% per year.  

You must be void of how politics work.Just go employ couple of hundred people, talk to a few hundred people a week, work with city/govt officials, talk to lawyers, you'll see the pulse quick.

What other industry dealing with hundreds of thousands of dollars of people's money lets people become licensed in three weeks and no formal education? 

The accounts seem to materialize out of nowhere and with no purpose other than to express undying love for the life changing advice offered by said guru, often accompanying eerily similar language across hundreds of different gurus.

But the reality may be that the tenant hasn't paid in two months, or pays 20 days late every month, or their dog is destroying the carpet, etc.There are literally hundreds of threads explaining the dangers of buying a property with existing renters.