PG, it does sound as if things are on the improve, which is good news. After many years in this business, I will say that the good story's by far outweigh the bad ones. Yes we have a few members and I personally know a few people who have done extraordinarily well out of Commercial property. I take my hat off to them. They have developed some great skills, no doubt some may have come from the university of hard knocks, and are now enjoying some well deserved fruits.
A lot of kids get into soccer at a young age, how many become a Beckham.
We all start out on the soccer journey of investing in property. Each type, has its ups and downs. Residential has a lot of ups, in the low cost entry etc, as well as a host of other ones. Non residential is a very different kettle of fish.
There are a lot of people who have done very well out of investing in residential property. I know, as some of our landlords ... well enough said.
Don't let one bad experience destroy your plans, perhaps with this experience, you are now so much wiser.
Forgive me for adding, somewhat self serving, I think this does contribute to the debate, all PM's are the same .... not !