Bad location= lose money and sell at a loss after a few years of frustration.  

I have great credit, killer salary, and a bunch saved up but still can't afford a 20% down payment on anything over 600k. 

If you're just holding a single property, many start with online services like LegalZoom or IncFile, which are affordable and user-friendly.

When we look at zoning and we see the density available, it starts to open up new possibilities for creating housing that is somewhat affordable and also building low cost units for example a second story edition could cost as little as $180-$200,000.

I really just went off the fact that property was super affordable and it was very clearly obvious to me that Joshua Tree could only grow and become more developed because of the beautiful park and proximity to LA/Palm Springs.

If you're looking for affordable options with good cash flow, I’d suggest checking out the Midwest market. 

In the military we used to always say do what your rank can handle, meaning make decisions you can afford to stand behind.

Liam,I have looked at the multifamily in the Seattle area... very hard and frustrating. 

If the continuing maintenance and repairs are more than you can afford and make the property cash-flow negative, I would sell and hope that the repairs I made and the appreciation would earn me some profit.

A few of the sellers I've spoken with  and who previously offered the broker fee as a marketing tool are getting frustrated with this type of behavior and want to shift away from offering a co-op and instead make it a negotiable concession when genuine effort is made on the part of the buyer agent.