Rental income 3000 ($1 - $1.25/sf per local property management, NNN) Tax 55 (Tax records) Insurance 80 (Estimate) Vacancy 300 (10%) Prop Mgt 300 (10%) NOI 2265 Local CAP 7% Value 388285.7 Am I missing any key components to my calculations? 

I think you should talk to your future wife and align on goals. 

However if development is your goal, IMO the shortest distance between where you are now and becoming a developer is to get yourself aligned with a developer sooner rather than later.Architecture is a critical piece of the development process.

With a properly prepared cost seg study with component level costs, you can also identify the rehab components for disposition/abandonment expenses.

Like where is your cash coming from (is it from a pending lawsuit, lol)  and how long do you plan on renting the home out, how much is your cap on spending and is it in alignment with the market? 

If you change due dates for tenants because it "aligns with their paycheck better", you can almost guarantee that they'll still pay rent late.

Here, locals and tourists use "Airbnb" to mean short term vacation rentals because they've built a strong brand and if STR companies don't align themselves with these companies they'll just be taken out by someone else closer who will.

Are there any freelance or part-time jobs a new real estate agent can align him/her self with to take the edge off of their financial responsibilities while starting out?

We are documenting and providing weekly updates to the investor while building a long-term relationship with our contractor that will reduce CapEx and improve returns.During the contracting process for the renovations, one of the biggest points on which you and your contractor need to align is on project milestones.

They might see a green component over just an investment.