Let's start this off with the basics

OBJECTIVE: Get ranked 1st within the game with the highest networth at the end of the round.

NETWORTH IS THE VALUE OF SOME OF YOUR ITEMS THAT OTHER PIMPS CAN SEE.

WHAT ADDS TO NETWORTH: Hoes, Thugs, Crack, Money

How much they add:
Hoes = $500 each
Thugs = $1000 each
Crack = $5 each
Money = $1 each(DuHHH!)

To start yourself off, there is nothing you can do except to "Scout for Hoes", you can find the link to it at the top right of your main menu. Enter a number between 1-100 in there and it will use that many of your turns. Once you scout, you will get a certain amount of cash depending on your hoes, your hoes will take a percentage of the money for their own needs(purses, lip stick, aids treatment) whatever it may be, you can set the amount in your main menu. From that amount, if you have a gang, it will take between 1-3% of your earning for gang thugs. Whatever cash is left is all yours to spend on whatever you want. While scouting for hoes you will (obviously) find some hoes, which can be your key to winning if you know what you're doing. You will also find some thugs which can fight for you if they're equipped with ak's. The bad part of scouting for hoes is losing some crack and condoms to your hoes. And in a case where you don't have enough crack/condoms for your hoes, they will leave you. But it shouldn't be a problem as long as you keep ATLEAST 10 crack rocks and 10 condoms for every hoe.
TIP1: The more turns you use at a time the more cash you get per turn.
TIP2: Using 11-19 turns at a time will produce the most hoes and thugs per turn and is generally recommended for starting out.

Once you have a decent amount of hoes and thugs be sure to stock up on extra items like Weed and Beer to keep your thugs happy, AK 47's so they can kill, try to get 1 per thug atleast. And maybe some more condoms and crack so your hoes don't leave you. Don't worry about Lowriders as of yet.

Then.... YOU'RE READY TO FIGHT. Click On Attack Ranks in the middle of the left row of your main menu. Those are all the pimps that you can attack. If you click on their ID # you will see their profile, if you click their name, you will go into the attack screen. Right now, go into their profile, it will show their rank, their gang if they have one, their hoes, thugs, lowriders, their blog about themselves and options to attack or message them, click on attack.

Here I will describe the different types of attacks you can do

Stealing Hoes:
Stealing hoes is the hardest kind of attack but usually the most profitable.
To take their hoes they must not have any thugs defending them.
1 thug protects 4 hoes.
So if they have 5000 hoes and 1000 thugs, only 1000 of the hoes are available to be stolen.
The formula of the crack to send for hoes is the following:
CRACK TO SEND = (NETWORTH-(HOES*500)-(THUGS*1000))/33.
Sending any less than that will give you no hoes, and sending too much will give you just less hoes than you would normally.

Home Invasion:
You send your thugs over to their hood to kill their thugs.
You need 1 ak per thug for the thugs to actually do something, if you have 1000 thugs and 1 ak, you're not going to kill anyone, but chances are you're going to lose alot of thugs.
Remember that if you're attacking them, their gang thugs come into play, which can cause some real damage.
Try to have atleast 1.5x their thugs when you're attacking them.
So if they have say 5000 thugs, try to keep atleast 7500 because of the randomness and gang thugs.
You also get ALL THE CASH they have on them if you attack them and win, which can profit you much more than you lose in thugs.

Drive-by Shooting:
In a driveby shooting, like a home invasion you need 1 ak per thug to cause damage, but with this you also need 1 ride for every 4 thugs. That means if you have 8000 thugs, you need atleast 2000 rides to do optimal damage.
The advantage of this over home invasions is that you kill more thugs, lose less thugs and their gang thugs don't get a chance to jump in.

Jack Rides:
Jacking rides is the simplest kind of attack.
If they don't have atleast 4 thugs for every ride rides are open to be stolen.
So if they have 7000 thugs and 1000 rides, 3000 rides are open to be stolen.

TECHNICAL TERMS:
Build: Going from nearly no hoes/thugs to many through scouting and attacking.
Dive: Killing a person in the game, stealing their hoes, and using your turns to regain your thugs.
Suicide: Kill all of another persons thugs with not enough turns to regain your own therefore messing up your pimp temporarily.