For example, sometimes if you look at the listing history for a stale listing, you can see a pattern ... as in, the seller/agent has reduced the list price by $10k every month it doesn't sell for the last 3 months ... then, if you see a pattern like that you can get a feel for if/when it will get down to the ballpark it needs to be price wise ... make a mental note to check back around then, and you can then put an offer in the night before you expect them to drop their price again, with the anticipated price drop, plus an additional smaller price drop to get you a great deal ...

I am a huge advocate for people respecting the business we are in (this means taking the time beforehand to mentally prep and equip yourself for the great real estate journey you are about to embark on).  

I'm in healthcare administration and I'm also adjunct faculty at a medical school. 

@Shawn AckermanYeah, it sounds like we have similar mentalities and approaches. 

@Andrew JohnsonOk, again, I am very fresh at this whole "bigger pockets mentality" and I love the insight that you are providing.

So be selective and find someone that will be a good fit.In the long run I think this option would be better financially and better for your mental sanity than buying a cheap quad.

There's a mental strain to owning something you aren't sure what to do with...Set yourself free if you wouldn't buy it again today, then let us here at BP help you get into some real cash-flowing properties !

For some this is true, for others, they learn to think like agents and can't get passed that mentality and have a hard time thinking like investors later on.

I just have the type of mentality to just do things quick and get results.

You will see this sometimes when there are known issues and the seller doesn't have the resources or the "mental strength" to deal with the process anymore.If you want to proceed further, make sure you speak to your lawyer about what's needed.