I would add the caveat that's true unless you see irresponsible behavior (high spending, debt) that will doom your financial success in the future.

You are looking for patterns of behavior over the longer term, don't focus on minor random issues from 10 years ago.

I understand that the shade is being cast by the seller.These are the thoughts and questions that my mind raises: Every time a weed gets watered, it grows stronger allowing it to choke the flowers around it.Are you rewarding and enabling his behavior by going through with the deal? 

It's the panic and irrational behavior that is hurting the most right now, and I just don't see how that is going to flow through to residential investments.

Cannot disturb others with barking (unless alerting for a medical issue) or aggressive behavior.

Most responsible dog owners would identify dangerous behaviors and take steps to correct it, or make sure the dog is always properly secured."

One of my mentors told me "Don't be a pessimist, Don't be an optimist, be a Realist"Stick to factual evidence, data, & avoid emotional attachment to financial decisions.A second thing he told me, "Understand & respect the power of human emotions & how it influences behavior, it is very predictable.

That includes those with attitude issues, or inappropriate behavior.

You can’t micro manage and change locks from and you will be forced to master the correct behaviors. 

Give you the wherewithal to pursue and achieve your long-term goalsMany investors start off "too hot", and they either overdevelop their first property or they spend their money too fast - either of these behavior will stop you dead in your tracks, and you probably won't even be able to achieve your short-term goals - and you certainly won't have the resources to pursue your long-term goals.