Operating expenses including vacancy, maintenance, property management, insurance, taxes shouldn't be more than $200/month.

No matter where you live or where you own assets, I personally recommend the Series LLC to be a great tool for the individual investor who is planning to expand their operation, as it allows for you to scale infinitely for FREE- check out this article to learn more.4th pillar is somewhat similar - you want to separate your operations from your assets.

I paid the workers through credit card after the operation.

My idea was to leverage the equity in his home to get into a/or some cash flowing properties, i would purchase those properties and operate them and let him collect 100% of the cash flow from it or them. 

They are just quick & dirty ways of doing cocktail napkin math on properties. 50% rule - The costs to operate a rental property typically averages out to 50% of the gross rents on an annual basis.70% rule - When flipping houses you will probably make some pretty good money if you aim to make offers that allow you to buy the property for 70% of the ARV less the renovation costs.1% rule - If you get a property where the monthly rents are 1% of the purchase price.

It's value is a calculation of:Net Operating Income (NOI) / CapRateFor example, if the NOI is $10k/year and the CapRate is 10%, the property is worth $100k.You need to speak with other local investors / brokers to determine what the right Cap Rat is.

Does there exist a configurable, virtual offer template somewhere?

Finally, you could just buy a single family home and operate it as a short term rental.

I tried using virtual assistants but found they didn't have the skill set I required.

Hey guys,I'm looking at getting into wholesaling but I'm currently located outside of the U.S. and as such I'll be virtual wholesaling.