@Benjamin Blackburn I haven't incorporated cold calling new leads just yet.

I have quite a few houses in my neighborhood ( I live in an incorporated village) that seem to look very run down, grass is overgrown, house is basically falling apart, although some of the houses have a car in the driveway, some of them have notices on the front doors or in the yard.

I see so many investors that are incorporated but I know they do not have more than 5 full time employees.

The Management fees are incorporated into the expense multiple of 30%.

What if I want to incorporate those or other niches into my brand?

You will just need to incorporate additional screening stesp such as creating leases, referrals, and more. 

., were and if these are incorporated into the numbers you posted? 

I would incorporate a 10% vacancy allowance into your analysis ($400/mth, $4800/yr).

It more common to require common LLC documentation like operating agreements, EIN number, articles of incorporation, etc.

Often times you find a common thread between all those that are successful and that helps me and other newbies to understand habits that we should incorporate into our own practices. so if you dont mind please respond i believe it would help not only the newbies but the experienced as well.thanks alfonso