Below are what the numbers would have looked like:-$189,000 price (assuming I negotiated to the actually purchase price of $170,000)-25% down payment, 4.5% interest purchase price plus reno loan (loan structure I am using for my current deals), $25,000 renovation-Rents were listed at $500 and $750 (I would have put inserted $800 and $1000 which are the rents this type of property usually goes for in this part of Cincinnati, Ohio)After insurance, taxes, and savings the numbers would have been: -8% ROI and 7% cap rateLuckily for me, I was very stubborn and listed my rents at where I wanted them to be, and after a few weeks of vacancies and the fact that super fancy apartments charged $1350 for 1 BR unit, I was able to get the 35% ROI which I now know, is an outlier.Cannot wait to hear about others experiences!

I know that I am more stubborn and prideful than most but cmon. 

If it was me I would move on but some people are more stubborn then others.

ONe of them owned 2 acres next to Apple headquarters on Stevens Creek blvd  ( it was his bar and restaurant for years)   just stubborn dude is all I can remember.

She was offered $2500 for 3 yrs.If she rents it out she'd have to buy or rent a second place to live in.I told her her to sell it and buy 2 smaller homes, but she's stubborn like that.

I used that card many times to get my borrowers to settle up.. easier dealing with me than the IRS>. ones that were stubborn I sent them out and the next thing you know they are calling me  and freaked out.

Also the property has been on the market for over a year which could be a sign that something is really wrong or the seller is just stubborn on the price.

So I love old inventory, ripe for a price reduction and at that time the seller is ready or just really stubborn.

Some can be real stubborn. 

That's the trade off stubborn Sellers should expect if they make "sight unseen" condition of the purchase.