Finally, I got tired of waiting and just impulsively bought two houses that needed little to no rehab at close to market price, and I am glad that I did.

It was one of the best 'impulsive' (according to my wife) deals we did.

Yes I do live by the mantra " Happy wife = Happy Life " BUT we also have a mutual respect when I say we will not do this for these reasons at all OR We decide not to do them at this time but at a later date.I have finances constantly on the brain but we still enjoy fun things I just try to eliminate expensive purchases based on impulse control where the likely outcome is regretting it later.Sometimes the definition of love is saving someone whether it makes you popular or not from making bad decisions.

Dont make an impulsive buy based on emotion , or what the real estate agent says .

@Justin W. my initial impulse is to say no.

The more impulse type tenants the area has to have a lot of high disposable median income.

I want destination type customer places where they need to go there to do something versus businesses that are IMPULSE type shopping items from businesses where you can find that on the internet.

It was very impulsive and unexpected.

Based upon your comments I'll trust that you will not be taken in by an impulsive need to throw money at just anything other than a sound investment.Good luck.

In the end, I think if you combine this loving impulse with proper documentation and "fair but firm" terms, you could turn out okay.