This is life and emotions and ethics aside, it is business.

But it also impacts other areas of your life like the mental, emotional, social, and physical.

I have talked to a couple people about this and they all say the same thing.1) Often when you have an emotional attachment to a property it leads to making bad investment decisions.2) If it isn't making money it isn't a good investment.

The scammer or con man always tries to paint an emotional picture.

We manage over 100 units in Connecticut; it's not difficult to get a tenant out as long as you follow all of the rules, keep the emotion out of it, and use an experienced eviction attorney for the process.

@Nate M - I use a property manager, so I don't have to deal with the emotions that you describe.

most of us would never consider ourselfs as "ex" engineers, just engineers focusing on RE to some degree or another.I do think as left brain, numbers people, we tend to have more longevity in RE than emotional, less logical thinkers who tend to suffer more severely from the boom and bust cycles.

Massive supply, weakening demand, debt that is so expensive relative to cash flow that it dilutes returns in all but the most aggressive growth forecast scenarios, and a slowly tightening credit market.

The investors I have encountered have to be taught that the 3-5 year lockup period is not "weird" (they always think of REITs as commercial real estate investing) and in fact, allows the syndicator to get the maximum bang for the investor's buck.As a concept of social proof, I also have them get in touch with investor's sharing a similar background to ease them in.Essentially, what I am saying is that while you have great questions (I had similar when starting out), you should instead continue to focus on the "emotional" aspects of why your investors are investing.

-Black and white bottom line-No emotion.