Hi Chris, I've never met any one in the Atlanta area that builds to rent large scale.  

I am planning to build a portfolio dashboard for my properties in Excel, and I have a pretty good idea of what I want to see about them individually and combined. 

Purchase price: $932,500 Cash invested: $450,000 20-unit building converting from LTR to fully furnished MTR/STR.

I am in contact with a realtor in NC and was informed that builders there will not build without a budget of at least 1million.

We are considering building and holding townhomes but need to determine the costs.  

Is just the fact that no garage could be a no go for some buyers enough to build it even if it only raises the value by the actual cost?

Quote from @Atif Khan: Hi, new here. i just finished building my first spec homes out in granbury tx and was looking to buy a few more lots around dfw metroplex.

On the topic of building inspectors, make them your best friend.

Good luck with the team-building :) that is the most important phase, without which, growth and scalability will be hard to achieve!

Commercial Revenue Generating properties like office buildings, apartment buildings, retail centers, etc (banks call it "CRE" lending) are typically evaluated from their net operating income, not gross.