A lot of people bought property as an 'investment' the last time 'round the bubble using the "leverage everything possible to buy everything possible" mentality because everyone KNEW that REI was the way to get rich, and that the markets were only going to go up forever.

Just to get mentally comfortable with running numbers often

You have to have this type of mentality or people will run all over top of you.   

For real estate investors that look into notes for the first time, it's very common to have the mentality that "if I buy the note, I'm buying the property."

Think BIG and BOLD, not small with an abundance mentality and the right mindset.   

However you should take a really hard look at your choices if a $14 swing will make or break you.This may seem like a lot of calculation for not a ton of money, so mentally I added a few zeroes to the calculations: those at a much larger scale should similarly be worried about whether paying an extra $1mm is worth reducing monthly payments by $14k: math is exactly the same but I bet we all feel different emotions about those bigger numbers.

Thanks so much Jake for helping me through that mental blockade that I built for myself.Best,Shelby M. 

Expect that and you'll be better prepared mentally.  

I had at one time 350 SFR's I built them up in 2010 to 2013 and sold out.. and the guy I sold to could not make a go of them.. he cratered I walked with 7 figures.. it takes a certain mentality and skill set to run hundreds of C class.. he then went to Pittsburg without me.. because I did not know that market and bought another 50 to 75 homes.. and those all cratered you may have bought some  LOL or your clients did for sure..   

You can't just go in there with a buy and hold forever mentality.