If you lose the first 5 hands, but still have chips, you haven't lost any money. 

You need to stack some more chips .

Picture chip and Jojo designing a cabin.

However there are times after you have mapped out a clear plan that you just need to push all your chips in and make it happen my friend!!

I am still taking some chips off the table by liquidating anything that is not performing well, doesn't meet my long term strategy any longer, or anything that I would not want to hold for the next decade.

Send out the rent increase notice and let the chips fall.

He also ruined the foundation with his unpermitted plumbers chipping it up to lay some pipe.

Mom + pop investors such as ourselves may on the margin be more inclined to buy something like that to get yield, but I would argue with the 10-year Treasury at 3%, and blue chip stocks like CAT yielding 2.5%, they headaches that come with being a landlord are not worth the extra 100 basis points - anyone who has been around this game long enough would agree with me on that, I hope.This notion of "staying on the sidelines" being looked down upon is also not something I particularly care for...asset valuations (and life in general) is not black and white.

In addition, we offer others hard money and purchase insured bonds and commercial paper from blue chip companies and US municipalities.  

I just touch up any chips or scuffs in the paint that a magic eraser won't get out - I keep a big box of those around, they're amazing.