Well to be fair I’m not saying he shouldn’t have bought them (the coc return with leverage almost certainly outperformed an index fund, granted with a lot more headache) or even that he should have sold them a few years ago (the index fund thing makes a ton of sense & I’ve sold properties before and just eaten a small cap gains but when you keep stuff forever that hit becomes really hard to swallow) just that the type of asset you are in when you are older matters a lot more than when your 25, also 5 is hard to manage, if you have 25 rentals and your 88 your going to have a hard time regardless of if you have property management.

Bitter pill to swallow, but we thank God we're out of there now and focused on other areas that actually cash flow.Good luck with whatever you end up doing. 

I think that is why this 97% stat is hard for most of us to swallow.

It is a hard pill to swallow that you will be hungry sometimes, you will be tired sometimes, you will live in discomfort, you will struggle and you will achieve only in adversity. 

Swallow your pride and get in the door somewhere.

Break it down into easy-to-swallow bites.Are you involved in real estate or really committed? 

This is a good lesson, it's a hard pill to swallow.

Hey mate,Sorry to hear this and I feel for you.Been there many times before.I would always cut my losses as quickly as possible and swallow the frog.Move on more experienced and smarter and don't repeat the same mistakes on the next one.The loser deals teach us more than the winners do.If you stay "in it" longer, you will get dragged down by the negativity of the situation along with the toxicity of the folks you are working with now.Your time and mind is better spent focused on finding another deal/opportunity and growing because this is all "positive momentum" thinking.Not trying to sound philosophical here but just something I've learned over the last 13 years of my investment career and flipping thousands of deals.Wishing you well and a quick recovery 🙏

I'm stating facts that are hard to swallow for some, including you it appears. 

As soon as you pop that can of worms, be prepared to go fishing for existing issues with the property that may need to be brought up to current IBC, Residential may maen proper handrails and accessibility egresses, whereas Commercial may be a bigger pill to swallow going so far as sprinkler and fire suppression systems.