I can build a 4-plex, four two story units side by side, with a total of about 5000sf for about $1m, land included.

If you want to grow aggressively then having the extra cash available to you today is more important.

More importantly, does anyone have an outlet that will appraise the property off of an income-based approach appraisal and not sales comparisons?

I have spreadsheets filled with material lists for every phase of the build that includes pricing for materials as well as labor, and sources that I use for them.

I'm glad to be included on this platform with like minded interests.

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

Curb appeal for higher-end properties will be much more important, especially when it comes to marketing - most ads and main listing photos feature the front of the property.In this case, I would consult with a professional - i.e. landscape designer or stager.

As RE developers we all know how important it is to hire good, reliable residential contractors. 

I'll include a BP article below that highlihgts the gist of them in alignment with BRRRRs.Also, I lived in NC for a bit, so happy to connect and introduce you to some folks in the area. https://www.biggerpockets.com/blog/brrrr-loans-what-are-the-...

It is so important to vet the people you work with.