Many times home owners have an inflated value in their heads due to emotional attachment to the property.

Fear False evidence appearing real You ran the numbers on the income so don’t be scared fear comes from not knowing and you reasonably know what to expect based on numbers not emotions .

This makes them sour on investing as they were emotionally attached to a property without being able to act.2. 

Emotions get involved in deals and logic goes out the window. 

Do not buy anything based on emotion.

I have always found people prefer to pay people with whom they have a personal and emotional connection.

I would evaluate at least three options and take the emotion out of it.

But from my particular perspective some of the biggest reasons are: Lack of disciplined due diligence Letting emotion supersede logic and due diligenceFear, either by analysis paralysis or in the ability to pivot when obstacles are put in their wayI would also say a lack of real estate investing education is also way up there, but I believe common sense and discipline can get you thru most, if not all educational limitations. 

I definitely don't have the same kind of emotional attachment to the property that you do with this particular one. 

Sometimes we get emotionally attached to a property and make mistakes that hinder us from growing.