I just wanted to get some income rolling in so that I can then move into multi family.

That Q pre approval is worth no more than the paper it's written on.  

I'm marketing to pre-foreclosures so I think it could definitely be useful but I'm not sure if that data is a could/should/must...and it just about triples the data cost.Any thoughts would be greatly appreciated.Thank you!

Baumann There are lots of pre foreclosure lists out there, but what I was referring to was finding someone who is already in foreclosure, going to them before their house gets auctioned, buying it from them and immediately paying off their mortgage, to stop foreclosure.

This means they are already pre-approved by a lender and ready to purchase a home.  

I showed the condo to a few people who pass my pre-screening questionnaire. 1) A couple + a dog who move from the next town want the condo starting on July 1.

I'm excited to get my feet off the ground yet I'm still feeling pretty unsure of where to start...which is why I am here, ready to get the ball rolling. 

If your keeping it you should be pre approved for a loan before you make an offer.

If you have rent roll and operating statement I can definitely take a look and will a idea if its possible or not real quick.

Since you are eligible for VA look at buildings up to 4 units, live in one unit, rehab as needed other units, create some equity and a rent roll history, re-fi and move every two years with no capital gains.