This.
And once you sell them you have zero control, and horses end up bad places, even with contracts, even if you’re careful.
I got incredibly lucky. Bought my first horse about three months off the track, cheap.
But I rode from age 14 on, I had years -no a decade- of lessons, and working at the barn behind me. And I still had no business buying that horse.
We survived, and I had him 24 years, six of those after he was retired. But I’m completely and thoroughly aware that I was incredibly, incredibly lucky.
OP, its rare that COTH members come to a consensus on something, but everyone here is agreeing on the major points.
I hope you don’t feel beat up, understand we just don’t want you going from frying pan to dumpster fire, and mean well.