I've been in your dad's shoes, basically, I started my sons off in RE giving them the opportunity to make decisions, that's how you learn, if he tells you what he wants, you're not investing.

I'm not one to generally take to heart what other people say that are either a) not in my shoes or b) don't have words of wisdom from prior experience but I've been running into this a lot.  

In the first instance shoe shine boys were giving tips to Wall Street pros right before the bubble burst and lead to the depression.

We would like to line up ourselves with 2-3 f/t investors that we can work closely with, if you were in my shoes and had to do it all over again what would be the top questions you would be asking f/t investors to help you decide which investors should you work with closely and which ones not to

I was in your shoes just a month ago.

Take a trip in those landlord shoes even once...then challenge the LL view.

My wife is an ebay maniac, I swear to god there have been days where I ask "Have you seen my shoes" and she told me she sold them on ebay.

"Just do it" may be good advice if you're buying tennis shoes, but it's a very poor way to start a real estate business.

(Yes, I realize you didn't ask us to analyze the property per se, but you asked for a reasonable offer price, which is absolutely tied to what will make the property a good deal, which of course requires analysis.)Bottom line, if you are absolutely convinced that it is a good deal at 1.4M, then take it at 1.4M.Originally posted by "littleivy":I have lived here a long time and have seen my home increase in value from 275K to 1M in the 13 years since we bought it....and our first home, which we kept as a rental, has increased from the 195K that we bought it to being worth about 850K+.I also won the lottery the last time I played, so I figure I'll be a shoe-in for the next time I buy a ticket.Have you seen this graph?

And if that is the true market rent why hasn't it rented.I'd slow down in your shoes less you find yourself in the ranks of the overextended.