If you were a renter that didn't want to ever have to worry about a barking dog, had pet allergies, or had emotional trauma from bad experiences in the past with pets (especially dogs), wouldn't you be happiest in a no-pets unit, on a no-pets rental property?

It's easy to forget sometimes how emotional real estate investing can be (for ALL of us, but more so for some than others), and having City Council shake the tree may actually lead to more coconuts on the ground for savvy investors who are willing to figure out how to change with the times. 

I think it has shown that you (like most of us) are susceptible to making emotional decisions. 

Let the seller chase you not the other way around.If you let your emotions get in the negotiations you will pay to much.

All that being said, I'm hesitant due to all the complexities, decisions, and emotions that go into these transactions.I'm in a relatively health market (Atlanta), so I'm confident our house will sell well, but I also don't underestimate the impact a great agent can have on getting the best possible price.Thoughts?

The fact that he's out there doing landscaping and reporting his income on taxes, PROBABLY means he's not ALSO stacking $100 bills from drug deals, there's no need to do landscaping if you are, and MOST people only have mental/emotional capacity for a single entrepreneurial type thing at a time.Not going to necessarily offer my personal opinion on this new policy, but I don't think it's as crazy as folks think.

Do not listen to your emotion and try to do what feels right in your heart. 

Inexperienced investors tend to (1) get exited about deals without having the experience, knowledge or ability to properly determine if indeed the deal is good, bad or mediocre, (2) take what the seller says as gospel not realizing most sellers will exaggerate, lie and or withhold vital information to get what they want, (3) engage people who will provide opinions for free rather than pay a competent professional, (4) get emotionally caught up in the deal and very defensive when receiving an opinion or information that doesn’t support their dream, and rationalize that more experienced people who point out flaws are “jealous, negative or haters”.Btw, no one can provide any knowledgeable answers to your questions without first analyzing the deal, your ability to come up with a down payment, your credit capacity and banking relations, if you have a track record, your experience with similar property ownership, etc.

When probate is filed, it indicates the PR is finally taking steps to deal with the estate (coming to terms with emotions) AND/OR they have some type of urgency and need to settle the estate. 

Sometimes when we have an emotional piece in the game, we tend to think things are better than they areMarket influence also.....how is the market for units in the $2400 range..... in some markets that's a very select few tenants looking...... so the pool is low to start