It's irritating and exhausting.  

But if they live in it, I have some mental block that I dont want to knock and ask them about it, because, I dont know, I think it may be offensive or something.

Is the tenant mentally ill?

Cash flow and appreciation are both random variables, they are both typically positive but both have an element of uncertainty, which is why I disagree with the "cash flow" is real and "appreciation" is a mirage mentality.

These people have absolutely no financial literacy and will obviously never be able to live in anything other than D-class rental housing because they will fail every criminal check ever done on them for the thing they did before finding sobriety.The large, gentle, utterly lonely borderline mentally-retarded man convicted at 18 of inappropriately touching a teenage girl, sent away to prison for a decade.

I agree it is a bit of a mental block if the wholesaler makes as much as me, but like you said, what matters is that everyone is making money.For the naysayers, I always try to think of what the deal is worth to me, not what the other person makes.

@George Pauley, I love that mentality.

The kick em when they're down mentality sucks!

As others have said, it could take a mental toll after time that you'll be managing a property with negative cash flow.

The victim mentality is self defeating .