No need to be emotionally attached to any property, or the time you invested in finding this "deal"

It's an awesome way to jump into RE yes its scary at first but as long as you have a criteria going in it eases some of the emotions during the process my biggest thing was lower my cost or keeping it the same.

That being said, if I were the tenant, I'd say they were emotional support and then NOTHING can be done.

Given the cash flow loss on the 7% property, I think I need to remove the emotion and make the right business decision for my portfolio holistically.

Focus on the numbers rather than emotions.

Because someone looking to live in the property will pay more because it's usually an emotionally drive decision.

No it's your friends boomer parents giving the downpayment to your Gen Z/millennial friend to buy that house to their newlywed son with their new daughter in law/wife being emotional and running up the price because it's a "dream" house.

I look at foreclosures.comOut of the 3 stages I am definitely not ready for an auctionpreclosure / short sales:- I need to research how to take over a deed / title- need to prepare how to do door knocking (I have a sales background and feel confident in dealing with an emotional conversation about someone’s home) - there IS a window of like 4 weeks that I need to prepare for (have my finances in order) to then bid before it goes to auction?

There is also the emotional aspect that makes us want to avoid certain things, like townies walking through just because they are nosey.

There has been a lot of emotional damage to both sides.