BP community,I am not discouraged but also find myself probably in the same situation as many who are starting out and seeking advice to get some traction.I don't have enough cash (yet) to make cash offers, so I keep losing out on the offers I put out. 

You might pay more for a premium buyers broker with extensive knowledge but lose way more 500k or 1 million on your purchase getting a bad analysis from an inexperienced broker or agent.The buyer broker will often ask the listing broker what the 50/50 co-op is on the deal?

Mine are set up through my Attorney since you have to file every few years or lose your entity. 

In those very unlikely cases you’d lose but would win out over the course of the portfolio.  

If he uses his own money and deal completely fails, he loses his own money.3.

I always semi-joke that if I get sued and lose everything, at least we'll have that property to fall back on. 

Lots of people lose jobs and then get new jobs, and they have savings or other means to get by during the transition. 

Unfortunately, most Sellers don't have a clue, they structure deals that are far more favorable to the Buyer, and they lose money when the potential Buyer walks away (over 80% of the time).If you're a seller, forget it and move on.

We were able to re design the floor plan to allow for a laundry closet that was out of sight and out of mind so it wasn't an eye sore.

You're only guaranteed to lose, if you decide to give up or never start.