T4 (Text Template Transformation Toolkit) is a great tool to generate code at design time; you can, for instance, create POCO classes from database tables, generate repetitive code, etc. In Visual Studio, T4 files (.tt extension) are associated with the TextTemplatingFileGenerator custom tool, which transforms the template to generate an output file every time you save the template. But sometimes it's not enough, and you want to ensure that the template's output is regenerated before build.
To be honest, I never really liked MSBuild until recently. The project files generated by Visual Studio were a mess, most of their content was redundant, you had to unload the projects to edit them, it was poorly documented… But with the advent of .NET Core and the new “SDK-style” projects, it's become much, much better. MSBuild 15 introduced a pretty cool feature: implicit imports (I don't know if it's the official name, but I'll use it anyway).