In addition, the emotional toll of having little or no local support can and does drive folks away when the job outlook gets rough. 

I do not want to get emotionally attached to property but it's hard!

I do not want to get emotionally attached to property but it's hard!

I’m not emotionally attached to the building, but don’t want to walk away until I have a chance to hash it out with a few pros!

Don't let emotions get involved and if the amount the seller wants doesn't work for you, just walk away.

As with any crisis, there are always lessons to be extracted if we can maintain our emotional bystander status.

Just a little frustrated that I found a great deal in Irvington that is swirling down the drain as I type this!

That way if househacking doesn't go well or I'm not ready to be a landlord, I'm not losing as much because I'm not getting too emotionally attached to that kind of growth.

This causes lower vacancies, higher rent values & the ability to increase rents more easily.Warren Buffet said it best “Be fearful when others are greedy and greedy when others are fearful.”To be a successful investor it is imperative to not make decisions based on emotion, but rather look at the numbers & trends to guide you to the most rational decision. 

The only people who get any satisfaction are neighbors with vendettas against each and too much emotional involvement to make rational decisions.