And, should we be a little more tough on the folks who are in the same position but raising EVEN MORE capital to double down on failing investments?

When I purchase a new rental, I always change out the valves for the toilets and faucets with upgraded valves that are less likely to fail.

I've watched enough Instagram fail reels to know this is a bad idea.

Yes, there can be external reasons - like a stinky factory next door - but mostly it is because bad landlords or property owners fail to maintain their structures and fail to enforce leases and rules.

The pass or fail test of cash flow is taking more significance than all the other positives it brings.

Maybe picking up failed syndications?

well i get it.. however if you do a lease option with non refundable option money up front and they fail to perform your done.. kepe the money and resell.. if this is the pac nor west things are still moving briskly for development ground..

The involvement of onsite management, often seen as a potential red flag, can lead to the property failing crucial qualification tests.

"this is no more risky than buying the property for all cash at the price point equal to the loan balance"But TBH, that seems fairly high risk of turning into a time sinking headache if the borrower's project fails. 

If you are successful, they say it's because of all the money you make in your 'day job' and if you fail, it's because you spent all that time learning about non-financial things.