Good passive investmentLastly, leave any emotion out of any deal. 

Takes the seller out of the emotional attachment to the property a bit.  

I love working with commercial tenants--less emotion and less drama.

As a former banker, I would've thought you'd analyze deals based on the numbers rather than on an uninformed emotion. 

Chicken little has been diagnosed with severe emotional problems stemming from chronic depression.

Other people are emotional and get warm fuzzys over a home.

certainly not their financial interests...or so it would seem.most people would say that yes i am benefiting them in every way - both emotionally and financially because i'm taking it off their hands and they don't care about selling it 25% below market value.HOWEVER...really - the most ethical thing to do would be to take the listing, inform them of a better pricing plan possibly and sell it for them as the listing broker.

Selective enforcement HOAs like this are what sends them swirling down the drain.Remember, pet owners look at their pets like kids.

You can do much better deals if you keep the emotion out of it. 8)

Just a little update:I'm going to make a separate post about the following subjects soon:DONT deal with people that are attached to properties emotionally (even if the price is good)DONT deal with friends or family.