I can’t emphasize this point enough.

I can't emphasize that enough.

It doesn't have to have to be cheating involved, but I think it emphasizes on the emotional aspect.

And don't forget to review the leases with carefull review of the initiation dates (not unusual for sellers to load the property with new and unchecked renters to beef up the numbers for a sale).A quality property inspection is essential and I ONLY USE HUD Qualified 203-K inspectors and rehab consultants, even for an 8 family (I should emphasize ESPECIALLY on 8 Fams as you have no consumer protections in this market and it is caveat emptor).

So my answer to your question is when I can't get out and do what I love.GeorgeThank you George, and yes, I used to believe the same for the longest time.In fact, I have taught all of my children 'Do what you LOVE and the MONEY will follow'... and emphasized that's what's important.  

It emphasizes taking a disciplined, conservative, steady approach to purchasing rental properties.

I have a college degree in business that emphasized real estate.  

I went to college, not that it is mandatory, and I got a business degree that emphasized real estate.  

And I emphasize that my new asking rent falls below the rents nearby so they are still getting a good value for their rent dollars.  

However, I wanted to emphasize your comment that no deal is better than a bad one.