Is the conduct of the parties prudent and rational under the circumstances?

What we say to ourselves, especially in that murky semi present stage (ex Day dreaming, procrasitination, etc).What we say to ourselves and rationalize our failure while others succeed.Here are attitude quotes from the Masters, people I draw strength and power to my core.Jim RohnIt doesn't matter which side of the fence you get off on sometimes.

Remember you CAN'T rationalize with tenants.

Don't try to rationalize or explain anything.

I am not sure what is the rational behind this is (I mean not tapping into the primary resident's equity).

My rational was to buy anything that looked decent even if there was little cash-flow as long term appreciation would save me!!!

You're wearing your education and rationality on your sleeve again

We are not, any of us, purely rational economic actors.  

I don't think you EVER need to rationalize your business practices to a tenant who's behind on rent.

Often, you'll find contractors (like real estate investors and Rehabbers) can act like big immature babies and form an emotional reaction to something rather than dealing with the facts on a rational basis.