You wouldn't be alone I was livid and confused, but I was emotionally invested now.  

I would only get tied up in a contract with someone that I know on a emotional level if it is definitely a long-term/forever relationship.

The owner becomes financially incapable of making the payment and ignores the situation until it becomes an emotional crisis for them and they won't acknowledge the situation and solve it. 

Obviously, there comes a time when the incremental impact of "just one more" approaches zero but the example you are giving while emotionally appealing, is quite bogus.

Dearest Karen, you're speking from your heart and emotions and not from logical thinking.

Southern California lifestyle is great and all, but financial freedom, travel, emotional / physical health, and a happy wife / kids are much more important to me than owning a ocean front home in Newport beach paying $50,000/year on property and mello roos tax.

I only tell you this to help you not invest emotionally any further in this pursuit, and go further down the rabbit hole before you realize it. 

Hope that makes sense... don't get too emotive about a deal, that is just question of NUMBERS!!! 

Not asking this to be mean but do you have some sort of mental or emotional issue?   

Its a rough industry that can & will chew you up & spit you out if you do not have thick enough skin to push emotion to the side & make the tough calls based on the bottom line.