I will try to enquire deeper as to why it has not sold yet, but will wait until after tax time as those papers will aid the bank's approval.

If the answer is no, just get a rental you're not emotionally attached to.There are good renters out there, and a $240k (gulp, flinch) rental house will usually appeal to a higher class of tenants.  

We have a widowed female that could be a emotional roller coaster. 

Should be able cut the price of the 1 house by 25-30k.It is the No money down that has messed with my emotions on this.  

There is a lot to be said for the nuts and bolts of what you offer but, remember, a home is usually an emotional experience.

She gets very emotional with anything regarding her cat.My regular process for ants is baiting and Tarro, but they haven't taken the bait yet. 

While I can understand your initial conclusions regarding ¨The only doubt I have is that some numbers that can be applied to the US market are not the same in Europe¨.. if you dig a little deeper, you would likely find that the same or similar metrics can be applied - that is, ratio of rent to purchase price, etc.

I always look at title and equity which is why I don't personally work the non-performing 'emotional equity' deals.As previously framed by others, this is loan is an anomaly.

It is a little more in-depth than say something I would publish as a regular blog post and has lots of links to other data so you can connect deeper.  

Again, the newbie in me came out and emotion set in.I think it's safe to say that I won't be pursuing this one.