We all have to deal with the risk in its various forms, depending on the investment, and you may not have the stomach for it- be it tenants, property managers or neighbors.I would get a handle on you finances with the "wealth management group" and see if you are really making out better then you would be managing your own wealth through indexes.

You just need to decide if you can stomach the higher dollar amounts.

However, if you can't stomach the thought of offering less than market value, you should consider a different line of business.

I need to develop thick stomach lining.

If you're keeping track, this is stomach punch #43 in the last two years to property owners in The Vampire State.https://www.news10.com/news/hu...

But almost every day here, I see things that, morally, turn my stomach being passed off as good business in real estate, or at least, in running rentals.

It’s a bit hard to stomach or accept that I would be losing 10K if I walked away from the deal.

But the name of the game is skate to where the puck is going....this market seems to have a vibe of affordable housing, space, yard, single family, etc... in my opinion Not sure about NY, but Cleveland has pockets of massive appreciation.Tremont, Lakewood, Ohio city - all neighborhoods of 2x-4x appreciation over 7-10 year horizon..... not sure now as I never had the stomach for the risk/reward.I always operate in the same market since I’m a high velocity flipper and deals exist all over the Midwest key is building relationships and trust in your market.

Use this money as your reserves so you never have that same feeling in your stomach as you had during the worst of the pandemic. 

When I think about leaving my family & friends behind, I get this feeling of uneasiness in the pit of my stomach.