The people that lived there must have had severe mental and behavioral problems.

I’m a complete rookie and novice in real estate investing, and I firmly believe in the “crawl before you walk or run” mentality.

If we adopt this mentality, then all OB/GYN doctors should be female and have children.

You could have hired a PM and been financially and mentally better off.

The owner, a family member of one of our buyers, inherited the property through probate, but they weren’t equipped to handle the renovation.The house had been left in disrepair for quite some time, with the previous owner struggling with mental health issues.

Kind of the mentality of the war torn countries like Angola/DR Congo - where leadership thinks "get them conflicts going and get them blood diamonds making us rich".

Our mental model is to have enough that someone arriving late could put together a bare bones meal for dinner and have the essentials for breakfast before they head out to get actual groceries. 

But I’ve found that a well-chosen angle or a unique architectural detail can give guests a mental anchor point.. something that says, “Yes, this is a real place with character.”

I book marginal candidates in between strong ones to create a scarcity mentality. 

However, as @Chad Hale mentioned, only if you can afford it - meaning both financially and mentally (e.g. how stable are both of your jobs, how long will it take you or your husband to find a replacement job, how much you have in reserves, and whether you guys are in a position to withstand that mental stress, etc.)When you mention 8k monthly, I am assuming that's net profit?