Sellers on the other hand are more resistant to change and have to mentally accept selling for a higher cap which erodes equity proceeds from the sale or they decide to take off the market.

However, I do think there will be more of a permanent "renter" mentality because it is already the mentality that is becoming ingrained into younger people.

Lots of people jumped into a small handful of markets where there are no other strategies/exit plans, whether that be from that type of advice and/or herd mentality.

Plus, in order to get it into your business entity structure, you must have your LLC "buy" it from you to eliminate Due on Sale concerns permanently.You're still in the consumer "avoid spending" mentality - "How much money will it cost?"

In the process you learn that the seller is under her sisters care because of mental issues.

(he works at a mental illness inpatient home). 

I place a value on taking a good course, and I used the mental leverage of that to take massive action. 

I think the only hesitation is it being my first home purchase, and the mental hurdle !

I wasn't aware of this (mental note: always check for obituaries), neither was the foreclosing bank, so they did not open an Estate for the deceased.

If you desire to feed your "instant gratification mentality," hire a SEC Attorney.