Ignore the rest of the answers and focus on me, Grasshopper.

And minimum 3 hrs / day has to be dedicated to prospecting, the rest is following up on the leads and doing the actual work.

I'm with you on the rest except for car stereos, how many can you really use?

A few of them are in areas that aren't that great but the rest seem to be in decent locations. 

@Sherman Ragland I only manage 2 properties myself and that's strictly because a full time guy on one of my construction crews lives on that block, the rest are professionally managed, I wouldn't be able to do anything else if I managed all my properties by myself.

Only buy homes that will rest for over $700, anything less and u’ll be renting to the wrong people. 3.

I fold laundry, clean the house, take the dogs on a walk, etc. all before the rest of the house decides to get up.

For the rest of it if you spent a whole day figuring it out that would be almost $100/ hr for your time. 

I’d take the match in a Roth, if available,and dump the rest into Real Estate.  

I recommend researching FHA and 203K loans where you can buy a property for 3.5% down when you live in one room/unit and rent out the rest.