I am sure that is the investor psychology the seller is banking on.

I am currently in school for my bachelors in psychology.

In my view, these relatively low rental prices compared to the market values are just as much a result of the high importance (both social and psychological) that most Belgians place on owning (a) house(s) as opposed to renting.

Being a curious, well-read person will take you far in life.These books have had the biggest impact on my investing/mindset:"Atomic Habits" - James Clear"The Almanack of Naval Ravikant" - Eric Jorgensen"Never Split the Difference" - Chris Voss"The Psychology of Money" - Morgan Housel"The 80/20 Principle" - Richard Koch

(This is purely psychological.

Try asking if any BP members have actually needed/used/been protected by having a LLC in a real life situation or is it simply psychological protection. .A LLC will only complicate your investing and cost you more annually to have.

Psychologically, a simple way for me is to base ROI on cashflow alone.

Yes, you could rearrange the formula they way you did and it makes mathematical sense, but I think it messes with the psychology.  

This guy noted that the what happened was that things were much worse for those poor French than they HAD BEEN, within recent memory, and this change is their relative position was more important psychologically that the fact that the were objectively not all that badly off.A similar thing can happen with tenants.

I don't believe personal liability would stop at the umbrella limit if a judgment was declared against you for a higher amount.For me, the LLC is partly a psychological tool to help me treat land lording like a business, and partly asset protection.