Is there anything that I’m missing to incorporate into this calculation?

I was thinking of using a wordpress theme and incorporating woocommerce to accept payments etc.

Lots of impediments to eliminate, mitigate or incorporate, a practice based on another well-worn adage...."

The closest office is in Corporate woods but they have additional offices in Olathe, Blue springs, etc. 

Then focus on the 1-3 strategies that can both accomplish your goals and incorporate your experience level.

The home has neutral ceramic tile flooring throughout and has nice vaulted ceilings in the kitchen and living room.

I would love to incorporate the BRRRR strategy with this house hack.

On the other hand if you're looking towards hiring a office worker or two, setting up phone lines, incorporating, and marketing... then you could be talking about much more capital, but likely a faster revenue.

You don't want to get surprised when you didn't incorporate cap ex, vacancy, or property management into your expenses

The terms laid out in an LOI have to be incorporated into a Purchase Agreement which gets executed; many deals fall apart during the negotiation of the purchase agreement.