Finding the line between the two is the hardest part and for me always depends on a risk vs reward valuation, I tend to stack the rewards in my head, trying to avoid this while not hitting the analysis paralysis point.3.

The work I do is unique, fun, sometimes stupid frustrating but also sometimes rewarding. 

Yet, I'm starting to think that if I could reward good behavior from my tenant rather than focusing on finding something to punish, then we could have a much more positive experience.

The asset manager has numerous tasks, some of which need to be completed before other tasks can be started.

2 years ago purchased 2BR/2BA condo in 4-star building to live in; one year ago acquired two additional condos same building through 1031 tax exchange that break even on cash flow but lots of gain embedded in each from numerous rollovers. 

If a bank is offering you 5% on a savings account or a CD, that means that they need to offer exorbitant rates to attract capital (that actually means it is much riskier than other banks, risk = reward).

My thought process on this is, higher risk higher reward.

I started using the exact same model mentioned above. 2016 I did 1 project and decided to sell instead of refi after seeing how negligible the rewards were with respect to time and effort.

Yet with more risk comes more reward.

While there is more to learn (local laws and compliances) it is totally doable and there are numerous markets worth investing in.