Exact what will wallowing do? 

You can wallow in it and cry 'poor me' constantly, or you can ignore, work around and rise above it.These are just my opinions, disagree if you like. 

@Nate MarshallMay they wallow in their mire.

I fear this will be the last wallow up to the trough for people thinking this is free money before the absolute collapse of our financial system.

It is likely costing you 5% - 8% annually in lost income.You need to pull out all the equity and force it to earn it's keep in other investment properties.Cash should never be allow to wallow in a investment property.

So after a week of self-pity I made a choice, out of frustration at the world wallowing in it, and I told EVERYONE "I refuse to participate in a down economy".

Your equity is wallowing, the amount of income you are losing monthly based on the dead equity alone is more than enough reason to sell and the property can not cash flow with leverage.

It is usually uttered by those wallowing in self pity....    

You will be discouraged from time to time, but don’t wallow in it.

@Ashley Parker  I like Darrell's response  its about deals and deal flow not how cheap you can get the capital.. you need experience then the cheaper capital will come to you.I see so many people just wallow doing nothing because the are trying to find that grandmother that will loan at 5%.. and the deals just pass them up.