I remember working with a friend who inherited his aunt’s home.. he got so caught up in the emotional side of it that he forgot the nuts and bolts..like having a good plan for the renovation budget and timeline.

You’ll develop resilience, leadership, negotiation skills, vision, emotional control, and more.

I'm not making a 100% emotional decision, but it is a factor.

They also get all the emotional baggage that goes along with it.   

We were trying to buy a loan that was in default and the current lender was emotionally attached and has it listed for over $2M when comps are $1.5M. 

I get that you are from there so you are getting emotional and taking my comments personal, which were not my intentions. 

If you have someone in MN you trust to manage the place that is one thing, if you don't it kind of answers the question (not that you couldn't find one).Renting out homes which you are emotional attached to can be quite difficult when tenants trash them (which will eventually happen).Best wishes

Next time don't think you know everything and choose to cancel the contract due to your own emotions.

ESP if you are planning to lowball, an agent might be more reasonable to discuss with (seller might get emotional and offended with your offer).

Had lots of questions and emotions.