I just feel really bummed out that I have to sit on the sideline until next June until I can "play ball" again.Taking care of home base is important, I just don't think our situation has to be "perfect" to start engaging in deals again.

There was no way they are going to accept this crazy low ball number, but we offered.  

The awesome attorneys realize what is important and point that out to their clients but keep the ball moving to the goal line.I find litigation attorneys are used to negotiating to the ultimate degree and get stuck in the minutia too much as they can't get out of (court mode).So I look for ( no litigation work, focuses on commercial transactions only, has deal experience in asset class type and deal size we are doing, reasonable with fees and understanding clients goals to keep costs low, team player and not full of themselves ( a heart to serve ).When I find these things it tends to be a positive experience.

My son and I (partners) made a verbal low ball offer significantly below the $60k asking price with $10k cash earnest money.

These tenants want to play hard ball like this, I'd hold that over their heads.Move out or you'll never see a penny.Then evict them and sue for damages as if they never paid a deposit.

I respect Dave Ramsey's "Snow Ball" plan, but I don't want it to take 10 years before I can be independent.BP Community what do you think?

Selling costs are a whole different ball game because you have brokers fees and transfer tax (over $1,000,000 purchase price you'll also have a "mansion tax" payable by the buyer, but not under that threshold).

Omg, is that you v-ball @Chuong Pham?  

Then, you've got all the BS of trying to reinvent the wheel to get something built out of them, then you've got an odd ball, quirky structure, that might have some odd appeal to a very small crowd.

The analysis assumes paying full price and no repairs needed...big assumption...and price is probably flexible.The property doesn't look to need much exterior work (All sides brick)but the current owner does their own management and I'm sure is low-balling the annual expenses.