Quote from @Devin James: @Jay Hinrichs Developments are definitely BIG money makers, but thats also reflected with the risk associated.That's why these projects take so much time and capital, but if you make the right judgements for project selection, and do all your due diligence, it'll turn out well. my 90 home project in Oregon  started it as dirt before covid .. got 1st phase built then covid hit.. had to fight through lumber sky rocketing and other material shortages and the of course interest rate spikes.. but the project ( and I give credit to my Wife and my GC's attention to detail) has sold Very well for record prices and profits .. its de risked now 22 lots left 13 are presold with big non refundable deposits and only 9 lots left that have no debt..

🌟📅 Save the Date: BPCON will take place from October 6th - 8th in Cancun, Mexico!

This helps in identifying all possible tax deductions and credits, potentially saving you money.5.

Something that scrapes the data and organizes my list of properties before I start evaluating.

Especially when you start to add in depreciation and other tax benefits, it may be worthwhile to consider.

I plan to start investing in Texas.

Since I started managing I have tripled the business income due to adding additional properties. 

Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction2.

Is it too late for me to start in real estate investment?

What are the snares or harder things to navigate that aren't so obvious when starting?