I have a very different optics/perception of all this. 

Never take a long-term loan, and look at the end repayment many many years/decades in the future and think of that $ amount in terms of todays purchasing power, that is a very incorrect perception. 

I’d rather have it done right the first time and keep things moving.Great reminder that even “simple” upgrades like doors can have a big impact on value and tenant perception.

The idea of a pivot is always lurking, whispering sweet nothings like a siren…

Being near a correctional facility isn’t necessarily a deal breaker, but it can affect perception.

I've not considered breaking my equity into smaller investments, primarily due to the perception of managing multiple angles from afar.

You said a client of yours, but then you mention that another bank that was local that he built relationship with did the refinance.Very perceptive! 

They only charge when you do deals as a part of the transaction and sometimes mentors give us the perception we are doing something but we are just chasing the next shiny object and we spend money to do it without making progress and gaining experience.We at Arbor Advising like all aspects of business and real estate.To Your Success!

I mean look at Brandon Turner he is now moved to the Training model.. its a very natural progression for those that have huge SM following and in Brandons case very real public perception of a RE Expert.

Let's give more broad advice.In today's world of stagflation, limited cash, and high debt levels among the average citizen.The best course of action is quit seeking validation by impulsive purchases, learn to change your perception to enjoy and appreciate what you have, work hard and smart to get further.