Softwares can have differing "freshness" of data based on locations they support.For example, one software may update their pre-foreclosure list for Akron, Ohio 1x a week and another 1x a month.

Also, with the amount of people hunting pre-foreclosures (wholesalers, agents, individuals, funds, etc.) and scooping them up to flip them, I don't see how the supply could outweigh the demand in the near future.

Will an agent help us get pre-approved/find funding or do we need to figure that out on our own?

We just had the CMA sent to us and we have the ball rolling with a lender for pre-approval - we have not begun shopping for a property yet. 

I also understand that some states are better to incorporate in than others.Does anyone from VA know if this State has good protections for LLC?

The demand we have is very high so every property is pre-sold in advance.

But, the point is you want to understand the rates/terms of the loan you are using to make sure that you are not paying a lot of additional costs or pre-payment required to get the cash out a few months early. it may very well be worth it but you want to compare apples to apples. 

TIA I look at these things the most when looking for BRRRR cities - Rent-to-Price Ratio: Look for cities where the average rent is high compared to the average mortgage cost- Population and Job Growth: Focus on cities experiencing steady population and job growth, higher than national average- Availability of Distressed Properties: Look for cities with a supply of pre-foreclosures, short sales, and abandoned propertiesNormally bigger cities in those states should do well, houses are still somewhat affordable (comparatively) and if you do a big rehab it'll pay off

Quote from @Daniel Johnson: I think the thing that is being missed here is the Profit First method of allocating revenue to different “buckets” there are banks that do this automatically for you, whereas, with a traditional bank you would manually have to do this.Are these buckets brand new accounts withe one bank for the same business, or are the buckets new accounts under a pre-exsing account?

It might just be a mute point. if you had a pre existing relationship with a buyer it should take care of itself.