Never happened to me I am 0/14....must be terrible feeling .... i hope it never happens...i try and avoid shite locations and crazy business plans.
If I avoided crazy business plans you would never have gotten to see a bunch of my best work ... any of the courses in Australia and New Zealand, for starters
I've had 3 projects close out of 30, and there will likely be a couple more, eventually. Emotionally, it's been different from one course to the next, because every project we've done has been a different experience for me and for my crew. For Beechtree, I didn't get back to play it all that much, but it had a devoted following and a devoted group of employees, and I shared in their disappointment. The Bay of Dreams closed before it really opened, so all we have are the memories of building the course -- some fun times down there. Obviously, I spent a lot more time at High Pointe, and shaped all the greens myself, so that one is a much more personal loss -- but at least I got to know it well before it was gone.
As regards future commissions, it's not like we have 100 projects to choose from these days, and I doubt there are many architects turning them down because they've got questions about the business model. [I'll give anyone honest feedback on their business model, if they ask, but it's their business.] Personally, I'm starting to base my decisions on where I want to spend my time over the next 20 years. I've done quite a few projects in places that I just don't get back to very much, and that takes some of the fun out of the equation.