If you delve into real estate enough you will eventually land that bad deal.  The deal that turns out so bad that there is no choice but to lose money.  It is difficult to recover from that bad deal as it really can shake you confidence.  Failure can be learned from but most oft it become the flam to fear.  You will never be perfect in your dealings so the occasional bad deal is going to happen sooner or later.  How you recover from the bad deal will tell the future of your business.  If you cant learn and move on from that bad deal then you will never get back in the game.  Quitters never win and winners never quit.  Home For Life is a good way to live.