For instance, if I place a property under contract in Raleigh, NC and later decide to walk after I've incurred expenses, those expenses simply stay on the books until I eventually purchase a property in Raleigh, NC.

One thing I’d add is communication with owners; keeping investors informed (without overwhelming them) is a big part of building trust and long-term relationships.

I just am overwhelmed with the options.

But if it's just a side hustle, the regulatory complexity and stakeholder balancing act can quickly become overwhelming.

It’s exciting, but definitely can feel overwhelming at first.

They weren’t lazy, careless, or financially reckless — just overwhelmed.

Track all startup expenses such as travel, education, and research costs since many can become deductible once you actively invest.

But when January comes, they’re overwhelmed, distracted, or lost in “where do I even begin?”

Quote from @Heidi Christensen: What’s the best way for investors to explain complex financing strategies to listing agents without overwhelming them? 

Many in your position get overwhelmed focusing on tax treatment, asset protection, estate planning which becomes irrelevant when the real estate is lousy and fails to perform.