I'm a first time homebuyer and have access to a VA loan, should I speak with my bank right away to see what funding I can afford?

Given that these properties have already had a lot people sort through them, what do you think the best course of action would be for someone like me who is just getting started and low on funds?

They are your funds & they are seasoned.

(VA Funding Fee is exempt if VA disability compensation is receive)@Bart H. hit the nail on the head!

So there is some potential for a BRRRR there but I don't have the funds at the moment.

You'll need a large reserve fund to absorb unforseen costs.You'd be better to buy the deal using bank debt -- I'm happy to introduce you to my contact at TowneBank.I'd argue market cap rates are closer to 7.5%.

As @Dmitriy Fomichenko said the rental funds must go back to the IRA.

Chances are if you don't have the funds to close or a proof of funds then you won't be winning anything at the auction or with the banks.

My question:  Is there a service that I can engage that will automatically deduct funds from his account and deposit to mine. 

You have to make the bet that you might do well, break even, or have a big loss.If a buyer has limited funds and net worth they do not need to get sucked in by the potential of high cash flow and landing nice tenants that pay on time and take care of the place with low income type properties.Think of this.Someone buys a piece of junk and hopes the building doesn't fall apart and the tenant pays on time so they can cash flow 200 to 300 a month based on current market rents for that product type.So 2,400 to 3,600 a year if everything goes perfectly with no surprises.