That being said, if I were the tenant, I'd say they were emotional support and then NOTHING can be done.

My deadline to back out of my real estate transaction and get my earnest money back was Dec. 12.

Learning that I prefer money invested in real estate over money sitting in the bank... don't we all?!

Quote from @Marc Zak: In the market where I live (San Diego), appreciation has been strong and many predict it will continue to appreciate in the long term.However, with current interest rates (6% at best) and property tax (2%), the annual cost burden is 8%.Am I correct in saying that appreciation has to be above 8% annually (plus whatever my maintenance and vacancy costs are) for me to make any money in this scenario if the property is cash flow neutral?

We're in the business to make money right?

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

What skills do you bring that are superior to those you want to raise money from?

In the latter I would much rather have my money and be in control. 

@Ella Marie the Pro's are you can build long term wealth, the Cons are you can lose money if you cannot properly quantify risk.

You can submit comps to support your asking price but it is not guaranteed.