Up with facts and rational thinking and writing.

I have a 1BR, 786 sf condo in Queen Anne and will likely rent it out at some point, and from my perspective the rational thing to do is to jack the rent up as high as possible to screen out applicants before they apply.

If local doesn't make money, don't invest there...and don't rationalize a bad deal just because it might be local.

5 - Rationalization...the most expensive work in the REI vocabulary.This is NOT a good deal.

im having a hard time rationalizing putting 20% down of my capital to get a couple hundred in cash flow per month...

Can you give me some rational behind your thinking?

The fed can't raise interest rates without the wheels falling off the economy, But when was the last time they acted rationally? 

As a businessman and entrepreneur first I like making rational decisions on investments based on cash flow discounting.

We still tend to get double-digit returns.I also invest in properties that would make most sane, rational individuals run screaming for the safe comfort of home.

And the little ugly truth is, the majority of these "turnkey" properties are being marketed at a price well above market value, rationalized and hidden in the "projected" rental income.