We negotiated the contract terms ourselves and beat out 3 other offers by appealing to the sellers sentimental side as she was from the same city in Ohio as my husband!

I completely agree with the sentiment..

:most of us would never consider ourselfs as "ex" engineers, just engineers focusing on RE to some degree or another.I do think as left brain, numbers people, we tend to have more longevity in RE than emotional, less logical thinkers who tend to suffer more severely from the boom and bust cycles.I share Steve's sentiment.  

If this is an exceptional piece of land and property someone might overpay cash for it just due to market sentiment and limited product on the market.If most buyers are financing then the sellers will probably not  be able to sell.2.

Thanks for the encouragement and confirmation of this sentiment. 

And, by the time supply these issues are fixed (again 6-7 years), I suspect we’ll be well past this current recessionary period.DemandMy partners and I have some disagreements here, and they can make some very strong cases for why demand in many markets will continue to be strong, driving both occupancy and rents.But, personally I agree with your sentiment that rents will likely remain mostly flat throughout much of the country for the next year or two.

I think Aaron Mazzrillo pretty much covered my sentiments.

I have to agree with all the sentiments about Columbus. 

I do want to say that I am all for business and the owner can declare his price so long as he BELIEVES that his product(s) creates the value for his customers in this case students, but to have the consumer or student share that same sentiment is the trick.Phil offers a course for $97.00 FAST CASH DEAL FINDER COURSE which is his solution for those who lack the funds needed to pursue his apprentice class should one be interested.

@Michael Dumler Echoing the sentiments on this comment- his book recommendation will give you a great foundation to go off of.