You need patience while choosing sites for development. Sometimes you have to look at other development options because the type of development you where initially looking to undertake may not be viable and it may take years for the market to recover for that type of project to become viable...
Starting off in real estate is one of the biggest step an investor makes. This step is also the riskiest as he/she stands to loose all thier seed capital should things fail. This is because when you start out in property you out lay more money than the property is worth. This goes to cover costs...
