These are the kinds of institutional anchors that move comps for years after they open.New residential development is following the capital.

Mesmer III and I’m excited to join the Bigger Pockets community.I’ve spent many years around business and maritime industries, and more recently I’ve become very interested in the world of real estate investing and development.

My contractor partner and I are building out a co-living development model in DFW... acquire, convert to 6–8 rooms, sell turnkey to operators.

One of the most useful financial habits an investor can develop is tracking profit per property, not just across the entire portfolio.When everything is lumped together, it becomes difficult to understand which properties are performing well and which ones may be underperforming.Tracking profit per property allows you to answer questions like:• Which property generates the strongest cash flow?

I’ve been spending more time breaking down deals lately — especially larger multifamily and development opportunities — and I keep running into the same issue:Most deals are presented in their best-case scenario.When you actually dig into:Rent compsConstruction budgetsFinancing assumptionsExit projectionsYou start to see where things may not hold.I’ve been building out my own framework to review deals more objectively before capital gets committed, and it’s been eye-opening how small changes in assumptions can completely shift the outcome.Curious how others here approach this:What are the biggest red flags you look for when analyzing a deal?

You're probably going to find your best deals in the overbuilt new construction developments where builders are feeling the squeeze and need to offload their properties. 

For example, how can I find if there is going to be a large development in a certain part of town I’d want to be aware of.

The idea isn’t to replace wholesalers or existing communities but to build a verification layer and infrastructure that helps investors evaluate off-market deals with more confidence.Right now, I’m in the early stage of development and testing, and my main goal here is to learn from the BiggerPockets community.

From what I’ve seen so far, the Brickell market seems to have some of the strongest long-term equity growth potential due to limited land and continued development in the area.On the Orlando side, the focus tends to be more on:Tourism demandOccupancy ratesProfessional managementSeasonal trendsCash flow potentialWhereas in Brickell it feels more tied to:Long-term appreciationUrban growthInventory constraintsPopulation growthInternational demandI’ve also been looking into the condo-hotel model in Orlando and how it compares to traditional residential investing and urban condo ownership.For those who invest in both tourism markets and urban markets:Do you prioritize cash flow or appreciation?

But experienced investors often focus on something different — consistently seeing a large number of opportunities.The reason is simple: when you see more deals, you develop better judgment.After reviewing dozens or even hundreds of properties, patterns start to appear.