Your only recourse would be with the Broker and I think you would be hard pressed to get anything out of that.

I have been sitting on the bench for the past few months and seen both markets heat up this summer.  

No renovation work is pressing right now & it comes with tenants.

You will be hard pressed to build a new 2200 sq ft house for 150k, even if you were the builder and doing it at cost.

I have one and I know I should seek others.I'm press for  time.Thanks in advance.

Having lived in the bay area most of my life, I think you'd be hard-pressed to find anybody who remains at the same job for 10 years and stays in the same rental for a long time. 

An owner occupant who is shopping for a 50k home will be hard pressed to come up with an additional 400/mo for fees, so you'll probably be looking at a sale to another investor.That said, it always comes down to what's happening in your market and what part of a cycle you are in.

But Realtors in particular don't need the bad press.

You would be hard pressed to find properties in the 60 sq ft range which  are in your own backyard There is nothing like mining your own neighborhood and investing for both cash flow and appreciation Study you local market and I be you will find both types of properties that would be much less of a gamble then venturing into the unknown 

If pressed for my reason, I'd tell her.