Once they sign, there will be an emotional commitment on their part that will help this deal get to the finish line.

No emotions.

The seller can simply say "no" , or they can counter , emotions should stay out of the negotiation.Do people complain about "highballer" sellers ?

This may just be a deal that we want emotionally, just want to get started!

What you really need to ponder is if you can handle the extra time and emotional energy the low income can zap - chasing rent, doing the same rehab over and over, not being able to go after damages.I would do Section 8 in a heartbeat, there are more incentives to do the right thing to keep or reinstate their vouchers.

I became emotionally attached to the property (another lesson learned, don't love the property, love the INVESTMENT).

Personally I prefer to always use My own agent, but the Homepath procedure seems pretty robotic, with no emotion involved other than the listing agent wanting to make a deal.I do see one advantage to dealing directly with the Listing agent however, and that is that all information received, has only gone thru one person instead of two, i.e. listing to buyers agent to buyer.This two person path, always keeps Me wondering about accuracy.

And that kind of grounded unemotional logic is exactly why I decided to look at this from an investment point of view rather than a home-owner based emotional point of view.

Except from Economist April 12th 2008The great American slowdown"The doughty American shopper is being pummelled by four things: the housing bust, the credit crunch, higher fuel and food costs and, most recently, a weakening labour market.

I'll admit it's for emotional reasons and my one thing about landlording I get emotionally invovled in but I know I will "get over it" in time.