Your pretty active and always have a rational and level headed outlook from things I read that you post.

The only rational choice for me would be to give it all away (ok, most of it).But, I suppose if you want to be as famous as Rockefeller, Morgan or more recently Gates or Buffet, you just keep on keeping on.

To put that in a practical sense ..so many people will do mental gymnastics to try to rationalize a lousy return on a property by saying things like “ maybe I can get 30% more in rent when that amazon distribution center comes to town in a few years “ or “ there’s a lot of growth in the area and it’s going to experience gentrification soon” or “ once I add a few shrubs and paint I can brrr this house and get 50% more money out of it “ the point is a lot of people are banking on things that are in essence speculation and wishful dreams .

-Would turnkey properties be a more rational strategy for an unseasoned investor investing from overseas?

So my only rational justification for getting into rei is if I expect that my returns + tax advantages of rei would beat market returns + tax advantages of pre-tax accounts.

I'm not saying don't invest in people, there is nothing better than investing an ambitious individuals, but if you think the average person is supposed to act rational or intelligently then stock up on booze my friend and prepare for lifelong disappointment.

You have a tenant that you will not be able to rationally deal with.Do not try to "work" with him it will only result in your loss. 

Unfortunately, I don't think the sellers are thinking rationally about the costs and time associated with suing me for non performance on the property (its been on the market for a long time now) and to your points its a SFR and they may not be looking at it from an investors perspective.

I am not a lender but be happy to talk to you.It sounds like you are more emotional than rational/financially.I agree with most of what Kathy said.

a fancy way of saying you're losing money, but you are going to rationalize that you're not?