At most of our detached houses we do supply a range, but even there we have had tenants bring their own deluxe models, which is fine with me. 

Not the purchase price.As an underwriter, typically you would model a potential acquisition using LTV on stabilized assets or properties that do not require significant improvements.This is because capital expenditure costs will typically not be financed by the lender.

BP Community - is this the best way for me to be running these #s, or is this just the new normal and the "live for free" model has slowly disappeared? 

I have several homes that fit that model.  

To oversimplify the business model in acquiring leads:1) Time: cold call, drive for dollars, network2) Money: Mass mailers, virtual assistants, CRMs, ect.

I'm trying to get myself set up with some analysis tools for MF investments, and I really like the "Value Play" model that Berges has in his "Complete Guide to Buying and Selling Apartments".

I have been reading a lot of Robert Kiyosaki books and this seems to be his business model and sounds like I could keep my taxes lower by doing so.

I recently listened to @alwilliamson on The Michael Blank podcast and liked his model on extended stay vs long term or short term using part or all of a multifamily property.

Part of your returns are simply not easy to get to, that does not mean you don't get them, it just means that you have to plan ahead and be flexible.Spend some time looking at the various models of how to realize returns from real estate to better understand the various vectors of return:1.

Set your goals (I use the GROWER model in our mentoring sessions)4.