When a good deal is a bad deal because of the timing

[Jordan B.]

Just really curious on everyone's take on this, and I'm sure it varies person to person. My wife and I are on year 3 of dedicated real estate investing. Currently we have closed on and are remodeling 2 duplexes, managing our other 2 duplexes, beginning construction on 2 more duplexes and one single family spec as well as our first new construction commercial project.  Had another duplex fall into my lap that was a real good buy but would require immediate attention (remodel, new tenants) so we passed it to a friend who will purchase. The reason we started investing in real estate was to create more family time with our 3 kids, this is why we passed as this would have tipped the scales for me. Anybody else ever encounter these situations?  Trying to find my limits, and it killed me to give away a deal initially but I feel relieved now.