Analyzing potential deals quickly

[Joshua Hill]

I was watching a video on "100 percent financed" youtube channel and the guy mentioned one way to vet loads of deals (quickly) that are sent to him so he knows which ones to further analyze and which ones to let go of.  What he does is, he takes one percent of the selling price, and compares it to the monthly gross income of the property. If the gross monthly income is greater or equal to the one percent price, he knows to further analyze the deal.

I was browsing through loopnet trying it out, and its been mostly duds. Just wanted to see if anyone else was using this same method or knew of any other methods.

(Btw, just in case you're wondering, I'm just a potential multi-family investor at the moment trying to soak up knowledge)