As for "bleeding cash" -- we're certainly not the first startup to be unprofitable for a number of years during its development and/or scaling phases, nor will we be the last.

I've blogged about how much I hate dealing with banks, love the owner financing option, but I'm learning the benefits of really developing relationships with bankers, especially as you pursue additional deals.

@Brian Schmelzlen  Our approach has been to identify the target markets we want to be in, then choose a broker who understands exactly the product type we are looking for and is well-connected in the metro area. 

Not sure if it will stop me from buying...this property is now in the hottest development area.

Several third-party software developers make such add-on/plug-in packages for Excel.EDIT: Be wary of any potential analyst doing this without using some type of Monte Carlo simulation or similar technique.

Hi GuysI am in the process of developing some land just outside of Palm Springs.

I was also involved in the development of a small (20K SF) self storage facility where I own a minority stake.

I am new to BiggerPockets and to real estate investing, but topics like these are not only interesting but very helpful in developing a good understanding of rental property management, and investing.

If you notice I identify myself as a broker associate because I hang my license under another broker.

But, it's a tough market, and CA is getting harder to develop in, especially in the coastal areas.