I see no rational reason why anyone would de-lever their balance sheet any faster than necessary when you can borrow for free or be paid to borrow money.  

Why I love you, on the other hand, is completely beyond my capacity to rationalize - but I do...:) For the record, I am actually with @Bill Gulley .

I instead used rational thinking.I'm still working on my Real Estate Agent license and I'm simply missing my CSQ right now.

What is the purpose of a cash only sale by assigned contract? I have the opportunity to purchase a $200k property with 6 units that range from $400 - $700/mo.

House #1: 3 Bed 1 bath Rents for $700/month (n...

@Paul Zofsak   3 to 4 showings a week is a ton.. your over priced is your problem forget comps appraisals etc. if your getting that kind of activity the only reason it has not sold is PRICE.buyer does not care how you rationalize your list price. and as Joel said selling the most expensive home in a neighborhood is very difficult.I have one over in Madison MS right now and I am faced with the exact same thing..

I personally tend to be logically focused and would rather not work with emotional clients because I personally cannot rationalize purchasing any property that financially doesn't make sense.   

Its a huge problem where are banks are forced to loan into these neighborhoods yet you have the narrators of this U tube that were locals saying flat out they would never let one of their investors buy there or they would never buy there so they were red lining just like any other rational human being.. but being PC the feds made the banks go into these hell holes and loan...Same with social support.

(the other properties in another neighborhood did not sale is the rational ) Straight to rental.Does this make sense to anyone??? 

Taking a 3-5 year viewpoint of cash flow (review leases, rent rolls, etc.) and expenses (review tax returns, P&L statements, etc.) will allow the investor to budget for such incidents you speak of and is far more exacting then the standard rationalization you suggest.

Mike,You do realize that this is part 2 of a two part response---please see my previous post for my rationalization---it has been quite some time since we have seen double digit inflation (early 80's), but that was the prevailing trend at the time (rents raise with inflation).