Retire On One Property Deal goes some way to addressing such questions. I have known the author Barry Davies for a few years and can vouch for the fact that he has been downright, brutally honest about the pain and downsides of investing, ie when things go wrong, as well as about the huge upsides. Only by overcoming the former in many cases can we achieve the latter, and so it has been for Barry. The book starts with a painful personal tale of a deal that went horribly wrong and the fallout that went with it, then goes on to showcase how grit, determination and know-how can lead to a spectacular recovery.
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