Do your homework based on the type of property you're looking for, where you're looking for the property and know what you can and cannot get financing for before locking in a contract, but a pre-approval is not required in the investment space.

When a lis pendens is filed, even way early, Zillow marks it as a pre-foreclosure.

Don't adjust numbers to make it look good.I use 75% LTV and 4.5% APR/30 years in all my BRRRR analysis.  

Purchase price = $188,393Down payment = $37,679 (20%)Loan $150,714P & I = $809 (5% APR / 30 years)Monthly Income = $1,300Monthly Expenses =Tax $174.17Insurance $41.67 Maint. $156 (12%)Vacancy $110.50 (8.5%)PM $130 (10%)Total = $612.34NOI = $1,300 - $612.34 = $687.66Cash Flow = $687.66 - $809 = - $121.34If these are your correct numbers this is not a deal.  

It took me a while to realize this, and I hid my AirBNB listings for a while before finally bringing them back on full time.My properties are in the mountains, at or near ski resorts, and 90% of my bookings are currently from VRBO.

If I am looking at a pre-approved loan, like an FHA loan, should I do it before I start searching for properties?

If they are not paid by a pre determined date then start your notice process and eventually the eviction process.

If you're buying rental properties with great IRR%, then why would you put $$ into the mortgage that in effect, yield the 3.5 to 5% APR of the mortgage?

Hello, I am trying to target motivated sellers by purchasing a pre foreclosure list from listsource.

Plenty of hiking, biking, and skiing spots.