We need a few missing pieces of the puzzle to help. 

I am a newbie based on Atlanta and as many of you have some capital to invest and looking to get into multifamily but puzzled by all the buzzword on contracts and legal documents, is there any kind of real state dictionary available? 

Substantial no-show percentages for those, 40-60%.I also tell applicants when setting up the showing that I will text them 1 hour before and, if I don't hear back within 20 minutes, I won't be there.The thing that really irks and puzzles me about all of it is, in this day and age, it is SO quick and easy for an applicant to cancel a showing they aren't going to attend with a text message. 

I find that puzzling and I'm looking for clarification.  

One piece of the puzzle....

I am sitting on the sideline right now with the money and pre-approval for the deal but I am missing a few pieces of the puzzle.

If at the end of the day, all "pieces of the puzzle" align, then I'd consider moving forward with the investment. 

This is quite puzzling to me and I was wondering why people do it.People often let cash sit around waiting for the home run deal that only comes along every few years instead of having it in play in good projects consistently.

There's a lot that factors that go into conversion rates - your site is only one piece of the puzzle.

The other piece of the puzzle of course is your Property Coverage, which has its own nuances, but covers the actual building itself.