Right now, if it's just for income, you need to dig deeper and understand what you are getting yourself into for that income in terms of being a landlord and repairs.

They may be more emotionally concerned, but that doesn't mean they are better at the job.Why are millionaires and billionaires using financial managers, property managers, nannies, and maids? 

I hear of refinancing all the time but upon doing some deeper research I learned it costs around 2-5% of the loan amount.

The emotional / confidence factor does matter when it comes to conviction to hold over the longhaul.4) Are you improving or decreasing in the quality of area you are going into in order to acheive this cashflow in PGH?

Taking notes and asking questions only got me deeper in the weeds as if I was asking the wrong question. 

And, especially if your goal is to build a portfolio to live off of, bad deals (and even marginal deals), will keep you from achieving that goal much more than slowing down and waiting for better deals to surface.But beyond that, I also find I get most burnt out when I am invested in deals emotionally and with time.  

Those who do understand it aren’t struggling.Here’s the common flaw: people think a circumstance equals motivation.Foreclosure = motivatedTax lien = motivatedAbsentee owner = motivatedThat’s just not true.Motivation is an emotional response to a circumstance, not the circumstance itself.Let me give you an example.

This is far from the 1st time I've felt that syndication management has been represented as primary ownership on BP, numerous podcast guests announce they own vast numbers of doors, and then deeper in comes the revelation that it's mostly syndication.

The law requires you to accept emotional support animals, but it does not give the tenant a ticket to violate basic rules.

Sometimes, bridging these emotional gaps can be the key to closing a deal.