I believe psychologically that folks felt they may be missing out.8) Referrals - It's a good idea to ask for a referral especially after someone commits.  

The psychology that I have observed for some people doing the out of state investing is that they do not want to have to take credit for their failure. 

I originally went to college for Psychology but never finished, then I took a two year massage therapy program and I currently do nothing within either field.

List price, selling price, above or below is all just the psychology of the market and can change vary quickly. 

I'm not saying anyone will ever admit that, but it's simple psychology.

It's an active community here, so as long as you use good keywords, you'll get plenty of responses.Since you're new to REI, I understand that it's difficult to beat the psychological difficulty of out-of-state investing.

The GC strategy has a psychological aspect too.

He knew about business, legal issues, tax issues, marketing, sales, promotion, networking, and most importantly he knew about people (psychology).The first thing he did was tell me that I have two ears and one mouth, and I should listen more than I talk.Second thing he did was have me read "How to Win Friends and Influence People" by Dale Carnegie.Then he taught me how to set appointments was home sellers, go out to their home, and write up a letter of intent to purchase or lease.He said to me, "your job is to bring me potential home sellers will consider a creative offer."

I read this article this morning and figured it would resonate with many of the folks on BP:The Psychological Price of EntrepreneurshipIt explores the personalities that succeed in entrepreneurial roles and the sacrifices they make.  

A lot of people are in your position (being in pricey places like CA, NY or HI) but the psychological hurdle of not being able to see the investment regularly can be big for some people.