The answer lies in the psychology of real estate buying, a fascinating aspect of the housing market that can shed light on our behaviors as buyers.The Emotional ConnectionWhen it comes to buying a home, emotions often play a significant role.People form emotional connections with properties that go beyond their practicality.It's not just about square footage and the number of bedrooms; it's about envisioning a life in that space.

Basically, it measures investors returns when accounting for investor behavior over 10, 15, 20 year periods.  

It's a money behavior problem.

A gift should be a thank you for excellent behavior.

And aside from his behavior a big question for us was "With all the complexities and the value of our accounts, is an SDIRA the right way for us to go?"

They can recognize patterns of behavior that may indicate dishonesty, such as frequent changes in contact information, suspicious rental history gaps, or an unusual number of co-signers.

Deals go bad, and behaviors change, even though that would never happen to you.

It's just basic psychology that behaviors change when incentives change. 

Cash will not go a long way when interest rates are lower, cash goes a longer way when interest rates are higher and there is more illiquidity.This cash versus leverage is a behavior vs math thing.

Not enough info here to know if this is actually questionable behavior...