What they don't get is I have those because I made a decision to put my money towards those and didn't do X, Y and Z that they did (eg a fancy vacation every year). 

That said, we understand that insurance details can sometimes be complex or overlooked during the decision-making process.

This is a lot more helpful to me when making investing decisions than platitudes of "positive cash flow" with no data to back it up. 

However, I always have to ask myself what decision do I make today if I am evaluating the consequences 2-5 years from now. 

Having a strong understanding of your "walk away" price (maximum you're willing to pay) gives you leverage and prevents emotional decisions. 

I think you are letting your feelings get in the way of making bad business decisions.

Be patient in your decision making and understand the local pricing and economics of an area.  

What started as a promising BRRRR ended with us making the tough decision to sell at a loss after an unexpected disaster.The Numbers:Sold for: +$230KPurchase Price: $115KClosing Costs: $3KRehab Costs: $105K ($49K original rehab, $56K additional repairs due to the car crash)Holding Costs: $31K (12 months)Selling Costs: $16KInsurance Claim Recovery: +$25KNet Income: - $16KWhat Happened:This was supposed to be a BRRRR.

But given my parenthetical statement, and this shows where perhaps you may have less experience in the STR world, for no valid reason, your preferred platform can make a unilateral, unfounded decision to ban you and there goes your business.Which brings me to my final point.  

I did my homework before making a decision.