Getting one of those fancy testers is overkill if you are just a hobbyist doing just a few cables a year. I agree that a $5 multimeter and a little time are enough to diagnose the most basic problems.
When I terminate a cable I just connect it to a computer and router and if it works I consider it good. If it doesn't work I double check the wires are connected to the correct pins and this is usually the problem.
Very rarely I find it is the cable itself which is at fault. To check the cable, for ease connecting to the RJ45 connectors, I have a couple female connectors with the wires bare where I can connect alligator clips. This way it is very easy to detect continuity and shorts.
Some months ago I detected a bad cable where one faulty wire had no continuity. I have plenty of cables and I did not need to repair this one but, just for fun, I cut it in half and put an RJ45 on the half that was good. Then I cut the other in half and, again, terminated the good half. I did this until the last bad piece was so short it was not worth continuing.
For more serious or frequent work it would be very easy, and basically free, to construct a board with two female RJ45 connectors and some LEDs confirming continuity and correct connections.
And now anecdote time. About 25 years ago I was in a cheap hotel in China and my Ethernet Internet connection was not working. I talked to the young woman at the front desk and she called some maintenance guy and they both came to my room and the guy plugged in some test device into the wall and there were some blinkenlights showing the cable was connected at the other end. The guy did not speak any English and the young woman was translating as best she could, which was not much. The man, who I think did not know much about anything, said the wires had been eaten by rats in the walls and ceiling and the receptionist offered to change me to another room but I said before we do that let us test the Internet connection in the other room ... and it wasn't working either. The guy insisted there were many rats eating cables. I think he had a basic Ethernet tester but had no idea how to use it. I suggested to the receptionist they reset the router but the guy was adamant. Rats were everywhere. I think he really had no idea what the router was. I told the girl that it did not make a hotel look good to tell guests the place was full of rats.
After some further talk the guy left and after much more talk I convinced the young girl to find out where the router was located because she had no idea and had to ask around. Finally she accompanied me to a small service room in the attic and there we found a woman eating her noodles and, in a corner, the router. I reset it and magically all the rooms had Internet connection again. The cheap router had a habit of hanging because during my stay I had to repeat the operation several more times. The receptionist was grateful that she now could solve the problem so easily even if it meant going to the top of the building.