@Angel De La Mora Ovies Hello.Being honest your questions sound more or personal choices that you might want to ask yourself deeper on.

He is emotionally attached to this farm - but admits he doesn’t need the money - and he wants us to buy it (he is really looking for a family to move in and keep horses there). 

It also seems your expenses are low by about 20%, quick and dirty rule you should be using 50% of revenue as expenses until you can nail down the actuals for deeper analysis. 

This is a very emotional decision and should be treated as such. 

Emotions shouldn’t be involved. 

I know one do = maintain a limit before you begin bidding and don't = change your bid maximum so you can stay focus and remove any emotion.

@Juan Carlos Castillo @Juan Carlos Castillo People are emotional in the end.The tenant probably had such a good offer of 20k less provided to her because it was a quick sell to someone he knew and liked to a degree.

Don't mean to be blunt to you - with your emotional state and apparent psycho tenant.

It may also be beneficial to connect on a deeper level with investors on BP who are in the Watertown market to get some more sets of eyes on the property. 

Not just financially, but emotionally.