There are a ton of PMs in Austin, for example, including a bunch of national and local brokerages so the competition is thick.

Yes, this means making an investment in a CRM that may include tools for direct mail, email, and text messaging... 

While both involve finding and properly securing a site and bringing it to full entitlement, the ground-up process includes the land piece but gets way more involved and complex to execute.The full "Monty" for ground-up development needs to include financial literacy, an explanation of metrics, and how they work.

Purchase price: $110,000 Cash invested: $2,000,000 399 Helmericks Ave includes 3 warehouse/shops totaling 60,000 sq.ft. and office space totaling 7,000 sq.ft.

It's a 4 bedroom SFH for $325k, built in 1990 and it's got many upgrades including a 2024 roof.

I know they’re an essential tool for analyzing a property’s financial performance, but I want to ensure I’m approaching them correctly.Could anyone share examples of what a good T-12 looks like or highlight key items I should make sure are always included?

I have some great examples in my book, including my father-in-law who lost tens of thousands from a single mother that he tried to help.Stay at market rates.

just to be candid, unless you're using some kind of creative strategy... you need a really solid amount of cash including reserves. 

All in, it ran me about $2000 (including shipping) and has 18k games.

And if all houses have not been fully rehabbed (we do fulls on every buy), some expected number for capital expenses should be included in that (IE if you have 3 years left on your roof you need to be deducting $X from that figure, repeat ad nauseum for all major capex).