But I’m looking for an answer that satisfies the psychological angle.

My name is Lindsay and I am completely new to everything real estate related.I graduated with a B.S. in Psychology and am currently searching to find my calling.

I changed my daily routine to include reading all the time, and to learn deep nuance to lots of subjects: Science, History, Economics, Psychology, etc, The intellectual confidence that comes from well rounded reading has improved my life and my business far more than anything else.

Well, @Trent Steidinger, I'm going to date myself here: My favorite sales series is "The Psychology of Selling: The Art of Closing Sales" by Brian Tracy.

If a deal looks ok with my conservative numbers - then so far they are panning out better than my conservative numbers which is good for me psychologically.

Even though there are potential psychological benefits (i.e. peace of mind), IMO the financial benefits simply aren’t there.

In addition, the investor has more "skin in the game" on an acquisition - psychologically, someone who just plunked down 20%+ in equity is going to do what it takes to not default and keep the property.

She was psychology major who went through a 4 hour training session to do taxes.

Because sentiment is so poor, there is psychological pressure to lower prices.

So, there can be some psychological benefit.