With some help, you can develop your personal list of criteria and what you are comfortable with.As soon as you have developed this type of checklist you can often eliminate offers very quickly and then focus on the few that are truly candidates.

I think the NW corridor of Leander/Georgetown is developing beautifully but the rent to purchase price ratio tends to lag slightly when compared to its neighboring suburb of Cedar Park.  

I am also looking into developing self storage.

I have studied the property tax of the most recently developed new self-storage facilities in the area.

This is a new development and we are interested in buying our first place but I'm seeing listing last more than 19 to 20 days on the market.

Example if a volume listing broker has below market rate co-op of 1.5 to 2% to buyer broker then buyer might be required to buyer broker to pay 1% more of the purchase price to meet a minimum fee agreement.It's more rare to find a highly experienced commercial buyers broker as most senior directors stay on the listing side with teams and have junior agents do the grunt work and marketing and screening of buyer leads that come in to see if they are worth anything.Like anything in life you pay for the experience level.You can get junior agents desperate to make a buck to keep their lights on and feed their families that will work for whatever but they have limited networks just starting out and almost no knowledge or experience.The buyer can focus on the 20k or 40k extra they pay to a highly skilled buyers broker and decide instead to work with a junior agent and then get hit with a 1 million mistake to their investment capital.I am not talking about big funds, REIT's, developers that have bought hundreds of times and do their own thing.

You could develop a deep and trusting relationship with a lender only to find they sold your loan to an out-of-state investor who could give a rip about you.Private/Hard Money lending has exploded.

Otherwise it is just like analyzing any other development deal, only there is no demo.

Same exact build in the current faze of the development are going for 303K. 

If you were to start developing where would you lean?