Hilda, one approach that will help take the emotions out of the wayby not having to directly talk to the seller, find a good buyer's broker :)And in the meantime build a 720-800 FICO and get pre-qualified soyou're ready in case they don't want to do owner financing.IOW ALWAYS HAVE A BACK-UP PLAN in BUSINESS which is not personal...

So if it looks interesting and in line with your objectives, dig deeper and verify your numbers and complete your due diligence.

@Jim Growfer think it's okay to use the 50% rule to quickly gauge NOI and determine if a project is worth deeper analysis. 7% interest is high and yes, that would be a bad deal if you only netted $10k on a $2 million purchase.

My advice is to make sure you know what your options are regarding landlord tenant rights and create a plan and execute; sticking to a plan can help eliminate some of the emotions that can come with evicting a tenant.

Don't get pulled into attractive deals, keep your emotions aside.

.#1:  Get the emotions out of it, and keep them out, or they will find a way to get you to rationalize some solution, that isn't a solution. 

If you continue to go about the emotional route of treating your tenants, you're going to burn yourself out really fast.

I tried to address her emotional fears with numbers.

Inspiring to dig deeper into creative financing.

Hanging on to a property for any reason other than financial, is an emotional decision...or a bad poker move.