I inflate the tube before putting it in the tire. Blow it up until it holds shape, but it doesn't need to begin stretching like a balloon. Then fit it into the tire. I usually have one bead of the tire over the rim at this point. Having air in it makes it easier to handle as you slip the tube into the tire and past the rim.
As someone else said, locating the valve stem next to the brand name on the tire helps locate punctures in the tube later on if you're doing an on-the-road repair because you can measure the distance around the tire to the nail from the valve and then transfer the measurement to the tube to get an idea where to look.
An advantage to using a tube with a Presta valve is that it has a threaded shank with a nut that screws over it. This helps hold the valve in place later when you try to put an air chuck on the valve.
When you're ready to slip the final bead in place, start opposite the valve. If you can seat the bead without using a tire lever, you don't need to deflate the tube. If you plan to use a lever, you probably should let the air back out to create additional room for the tip of the lever. It's real easy to pinch a tube with the tip of the lever as you get towards the last few inches of tire, and you won't know it until you reinflate. Either way, pinch the two beads together and push them as deep into the center of the rim as possible opposite the valve. Then begin working the bead clockwise and counter clockwise around towards the valve.
A common mistake is to try and get too large of a section of bead to slip over the rim. Don't rush it & work about 1/2 inch at a time. A little secret is to use a tiny bit of liquid soap, or else wet your fingers and wipe them over a piece of bar soap a couple times, and then rub them onto the inside surface of the bead where it contacts the rim as it tries to slide over. (A sliver of bar soap in the took kit can come in real handy, not only for lube but for cleanup afterwards.) It doesn't take much. As a matter of principle, I try to keep the soap away from the rim and bead surfaces that touch once the tire is in place, because those surfaces generate the friction that keeps the tire from sliding on the rim when driving or braking. The soap eventually will dry so it doesn't really matter if it gets all over, but go easy on the throttle and brake for a while if it does.
Make sure that the valve sticks straight out of the hole in the rim. During the assembly process it's easy to rotate the tire a little while you're working on it and drag the tube along with it. End result is that the valve stem is crooked. If so, grab a handful of tire and move it and the tube back where it belongs.
Check for tube pinches as best as you can. Then do a partial inflation (if you deflated it earlier, then back to like it was or a bit more) and check that the tire looks to be even on the rim. Tires that have been shipped folded up inside a small box sometimes want to seat lopsided. If the tube is pinched it sometimes will show as an irregularity where the bead meets the rim. I like to flex the tire in my fingers to give things on the inside one last chance to settle into the right spot. Then do the final inflation (or overinflation and then back down.)
As someone else said, I'd be leery about letting it sit overnight with the tire pinched because of only partial inflation. It could pinch the tube or temporarily deform the tire and interfere with proper seating. Can you block it up?
FWIW, I used to run my tires at the max rated pressure, in some cases 120 psi. Over the years I've gotten away from that practice and now use the tires as an active part of my suspension system. I run 50 psi now on a 2" wide tire and have had no problems. Me + bike + batts > 300#. Another advantage of running lower pressure is that I can go longer without having to pump it up.
MT