Get your emotions out of it.

It's more related to emotions and lack of rational decision making imo. 

I have a letter of support from Congress regarding this matter and the bank still does not care I do not want to pay to cut grass because every time I go to this property I am emotionally hurt.

Here are a few things that I learned:Real estate investing is an emotional journey. 

It is a tremendous feeling because my whole life I could never find what I wanted to do professionally, and it brought many of draining emotions along with it.

If you do not get it at your price you walk.Always remember business does not operate successfully on emotions unless a sellers emotions are a weakness you can exploit.

So here's a rough number breakdown. purchase $1,500,000Loan Amount 1,300,000Rehab+holding+closing costs $115,000ARV 1,900,000new Loan (20 year, 6.25, 5 year)- $1,560,000Cashout portion- $260,000Cashout- FFFF (friends, family, facebook friends)= 10,000Money in deal = 45,000Rental Side of Things (by month)Current Income- 27,000/m (Proforma is 31,500 since I had to rush rent out)Expenses-  (Utilities, Taxes, 25% Vacancy/Management/CAPEX, insurance, etc)- 12,500/mDebt- 11,400/mNOI- 3100/mSomething like that at leastFor the other questions that may pop up:I self manageI doubled my portfolio in one dealI was my own GC for the projectI still have a full time job in securities tradingI worked 110 weeks for 2 months straightI am burnt outI hit a lot of roadblocks including getting sued, vandalized, robbed, and threatenedI had a lot of physical blackouts and emotional breakdownsMy outlook in general on people is definitely more negative However I am also ready to move onThis post was very much to speak on an experience and tell a story. 

Take the emotions out of it If property is in good condition.

Regarding living in Lowell I have been looking into that idea and financially it makes a lot of sense but from the emotional point of view I just want to live close to the city.

Do you feel like giving it a name promotes an emotional attachment to a property?