> ## Documentation Index
> Fetch the complete documentation index at: https://docs.apers.app/llms.txt
> Use this file to discover all available pages before exploring further.

# Express Mode

> Let Apers build your playbook automatically from a description

Express Mode lets you describe your investment strategy in plain language. Apers builds the playbook for you.

## How It Works

<Steps>
  <Step title="Open Playbooks">
    Go to the left panel and click **Playbooks**.
  </Step>

  <Step title="Create new">
    Click the **Create New Playbook** button.
  </Step>

  <Step title="Select Express Mode">
    Click **Express Mode**.
  </Step>

  <Step title="Describe your strategy">
    A text box appears. Type your investment criteria, target returns, property preferences, and deal requirements.
  </Step>

  <Step title="Let Apers build it">
    Apers extracts the key details and creates a structured playbook for you.
  </Step>
</Steps>

## What to Include

When describing your strategy, try to cover:

| Topic                  | Examples                                   |
| ---------------------- | ------------------------------------------ |
| **Asset Class**        | Equity, debt, mezzanine, preferred equity  |
| **Property Types**     | Multifamily, industrial, office, retail    |
| **Risk Profile**       | Core, core plus, value add, opportunistic  |
| **Target Geography**   | Southeast US, top 25 MSAs, Texas markets   |
| **Deal Size**          | $10M-$50M, minimum \$20M                   |
| **Return Targets**     | 15% IRR, 1.8x equity multiple              |
| **Other Requirements** | Year built, occupancy, value-add potential |

## Example Descriptions

**Example 1: Multifamily Value Add**

> "We target value-add multifamily in the Southeast US. Deal size between $20M and $50M. Minimum IRR of 15%. Prefer properties built after 1990 with renovation upside."

**Example 2: Industrial Core Plus**

> "Looking for core plus industrial and logistics properties in major distribution markets. Target 10-12% levered IRR. Deal size \$30M+. Prefer long-term leases with credit tenants."

**Example 3: Opportunistic Mixed Strategy**

> "Opportunistic strategy across multifamily, office, and retail. Focus on distressed assets or repositioning plays. Target 20%+ IRR. Markets include Texas, Florida, and Arizona."

<Info>
  The more detail you provide, the better Apers can structure your playbook. You can always edit the playbook after Apers creates it.
</Info>

## When to Use Express Mode

Express Mode is great when:

* You want to get started quickly
* You have a clear strategy in mind but don't want to fill out every field
* You're creating a first draft to refine later

<Info>
  If you need full control over every detail, use Precision Mode instead.
</Info>
