My rational is that the depreciation would be totally worth holding on to this property and see if I can increase rent in the next five years to create some really healthy cash flow.

So far people aren't stealing anything (yet) but we learned to ration out most things like tide pods, trash bags, cascade pods, batteries, etc.

You're rationalizing a bad situation into a good one. 

The deal was so tempting that I wanted to believe the seller, but this is definitely the most rational way about it. 

Finding myself one month ahead on my mortgage had become good mental headspace when it came to managing the anxieties of rentals and reliably took a considerable amount of solid fear off the table whether that fear was rational and justified or not.

Thank you.The interesting thing about investing is that rational individual investors can have different perspectives on how they look at investment issues.

That's $1,800 more per year (or less in your pocket).These sort of investors are foolish and aren't rational.

Any more info you can give to rationalize your offer makes it a real offer and not a lowball so I like how you are thinking.

(The first was a brief shutdown during World War II when butter, sugar and cream were rationed and in short supply.)

Don't rationalize out of it.