We didn't seek enough advice from other investors, and we let our emotions overrule the numbers.  

It does not apply to emotional support animals which is the majority of what you see today.

This is a tough discussion because $ = emotions. 

It is also costing you time - and more importantly, it is costing you mental and emotional energy.  

I start to realize that texting is really not the method of choice when dealing with an emotional situation.

It may have been that looking at the couch kept bringing up bad memories, so, the emotional closure was more important to her than redoing the couch.

The emotional response will cost the landlord eviction fees, probably property damage, and vacancy - all to avoid a situation that had several reasonable no-cost solutions.

Here are your risks:1 - Acting too soon without the proper knowledge of how to analyze Markets2 - Acting too soon without the proper knowledge of how to analyze Rehab3 - Acting too soon without the proper knowledge of how to analyze Properties you find in the correct market4 - Acting too soon without the proper knowledge of how money works5 - Not understanding the power of a team/partners & thinking it's more profitable to do it all yourself (this is especially true about rehab)6 - Not having a Power Team in place to execute multiple deals at one time7 - Inaction8 - Not knowing the difference between Investing and Speculating, and thinking they are the same thing.9 - Emotional responses...the numbers don't lie, don't argue with them10 - Fear holding you back

@Brian Turnbough that sounds like a dream. i love the idea of it. there has got to be a major payoff emotionally in raising and molding your children to do well or at least decent in life. to be able to work with them and build family wealth is such a great picture to me. i hope all the best for you and your family. 

Better to stick with pre-screened applicants that you have no emotional/relational ties to.