There are a ton of calculators where you can run a pro forma to see your yearly return.

Should I form a LLC and start everything related thru it or should I aquire a few properties first keeping it "ordinary"?

When this happened….ExxonMobil Merger en.wikipedia.org/wiki/ExxonMobilWikipedia In 1998, Exxon and Mobil signed a US$73.7 billion definitive agreement to merge and form a new company called Exxon Mobil Corp., the largest company on the planet.

I am thinking of weather operating my llc that I am about to form as owned by just me or include my wife as partner.

We do plan to form a LLC, but not sure how many properties can have under LLC.As for the 2 investment rental properties, we plan to buy with cash and finance our live-in home.Thank you in advance for your advice.

And a pro-forma showing the type of properties you'd like to buy.

If you haven't started one yet, a scenario analysis pro forma could help in teasing out assumptions to see which ones are the most viable, worth your time, and worth the risk.  

Can you show us you pro formas?

I looked up that form - a very interesting side note to it is that it specifically mentions that it must be  under contract to sell to a natural person who intends to live there for at least a year after the eviction.

I have used the trec form, as far as a assignment contract I've used the one from Victor Maas