If a material item remains unfulfilled or is deferred until some future time, the contract is "executory."

If something comes up unforeseen, such as a plumber contracted to replaced all of the fixtures in the house but now there is a plumbing leak in the wall, then the plumber gets an additional $ for that unforeseen item(s).

. $40K to gain access to their "franchisee" training, materials and limited rights to use their name and trademarks in promotional items and such in your investing business.

Believe it or not but there are incorrect items on more credit reports than not.

Traditionally 10%)Vacancy (10%) $190.00 Total Expenses $1,509.00 Net Operating Income $995.00 Monthly Cash Flow $391.00 Yearly Cash Flow $4,692.00 Simple Monthly ROI 25.91%Also, your initial PITI amount doesn't match the total for the individual PITI line items.

Ask your realtor what the going is for the market in terms of which items the landlord pays for and what estimates are per unit. 

However, I agree with @Dan Mackin that is may be more burden to open and manage if you're just starting out with rentals.I also put together this checklist of items, which may be helpful!

"Income: Wholesale real estate for small mark-ups to other investors & Refer traditional listings or buyers to well-chosen brokers for referral commissions" - Do you need to be a broker to do these items?

I am just curious on if there is any big item that I am missing?   

There are many cards out there that can give you 0%APR for 12 months or so, meaning you can purchase all your items and just pay the bare minimum in the mean time.