I have gotten several calls from RV-12 builders with static RPM of 4600 RPM looking for advice. The setting of the ground adjustable prop should be set in the middle of the adjustment range for first engine start and run up. Static RPM is around 5,000 -5,100 per the building plans should be followed. I'm not trying to over ride the "plans" here just trying to make a post about getting the RPM where it should be for 1st flight as 4,600 RPM is too low. A good climb setting IMHO for the first 5 hours or so is a good thing if you need to do a go around, and to do your required stall work.
Don't spend too much time trying to dial in the exact RPM. The numbers will change a little as the engine breaks in and you add wheel pants, paint, etc..