What the best way to move forward as in lease agreements or not, pre-screening, credit check and backgrounds.  

I also mention this during the pre-screen phone call. 

Some of the areas I work in have a decent amount of investor activity going on so recent sales are all pretty low - those wouldn't be decent comps since those properties are being purchased "pre-ARV".

Do you ignore Cap rate during pre purchase?

I have been pre-approved for 70k loan with covering the 20% down payment from relatives just not sure what the best way to get the first property bought, the other option I thought of was trying to get a small personal loan to buy a cheaper rental house ( around  15k) and start from that but not sure if that would work or be a bad idea any help would be appreciated 

Don't forget to incorporate insurance costs. also, will you be managing it yourself or having someone else manage for you?

If you have any questions feel free to private message me.Hope that helps,Chris Pre

You said you have invested in the Bay pre-2007.  2005 to 2006 would qualify as pre-2007, and those were not a good time to invest here wouldn't you agree? 

pay a realtor to pull compsget pre-qualified for financing since I'm definitely not a cash buyer.get it under contractHow would you all go about this deal?

I'm trying to get started in wholesaling, targeting pre-foreclosures.