Don't over think the MLF process, this is the biggest problem, it is as simple as pitching yeast for Alcoholic fermentation, you need to know your PH, TA and SO2 levels, but most of us test for this as soon as we get a juice bucket, or right after (within 24 hrs) crushing, with this info, you will know if you need to make any adjustments (the same as prior to pitching your yeast, you should make all corrections before you pitch the yeast).
The variety of MLB that you will select will tell you its tolerances, based upon that, you make the corrections and pitch, fairly simple no?
I don't know what get's everyone all choked up about MLF, the moment it is mentioned sheer panic and hysteria breaks out, many people think that they will see a violent full blown fermentation going on...this isn't the case, most times, MLF is very calm, you may see activity in the airlock, most times not, there is absolutely no reason to check for MLF daily, you are going to drive yourself crazy.
Purchase a reliable MLB, Lalvin puts out Bacchus (the most cost effective for small batches) I prefer to use Lalvin 31 and MBR 41, do they cost more? You betcha! But you get what you pay for, most LHBS either do not carry a MLB or they'll carry White Labs in the tubes because it is cheap, heck, I have yet to find a LHBS that can tell me more than "MLF will change the acid in your wine" about MLF.
I've had MLF take 2-3 months, and I've had it take a few weeks when I had the heat in my office cranked up, I prefer to let it go at its own pace, make sure that you get Opti-Malo and if your budget allows, Acti-ML, these will give your MLF much more probability for success. The one thing that MLF isn't, is inexpensive, but, you will reap the rewards when you taste the difference!
Check out this article that I put together about MLF based upon a lot of data that can be found on line