The "50% rule" lumps vacancy, all actual operating expenses (debt service is not an operating expense), and all capital expenses (like a new roof) under the one "50% of rent" umbrella.

It is one heck of a service for the virtual wholesaler.

Properties with higher Net Operating Income are worth more than those with lower NOI.Can you put more down and it make money then?

Look on loopnet or wherever else and see what prices people are selling for against what type of net operating income.

Second Question I'm in Texas now would my LLC need to registered in TX also or would have to have a different lisc for the different state.Last Question what is your opinion on virtual wholesaling?

I have been involved in thousands of transactions in more than 30 states with virtually every variant you can imagine.

@John Mathewson

Naturally, many have understated operating expenses and overstated cash flow.

or a script to give to your live operator to collect certain information?

A little bit about me:I currently work full time in the operations accounting department of a large pension fund.