This is your time to be selfish - sacrifice play time now while you have the time and energy so you can be selfless in your 30s and on once you have a family. 5.

Play it safe and budget $3/gal.

It sounds from your description that it is.However, because you also do personal activities in the room (play games on your desktop), it doesn't sound like this would pass the "exclusive use" rule.Playing the games on your laptop in a different room would likely qualify the room as "exclusive use" as a home office.Also note that in the future if you take this deduction, there is a simplified method you can use to reduce the records you have to keep - just multiply the square footage of the office by $5 (if it is under 300 total square feet).

Age and wealth accumulation targets should play a huge role in this.Those who are younger, 30-40 years out from "retirement" age (65+) should remain extremely leveraged to let time pay off their investments, and let their money work for them.The exception are likely those freebirds who can live on $30k a year passive income from their late 20s/early 30s and, maybe don't care or need to be extremely leveraged at any point.Those nearing retirement in the next 5-10 years, probably don't want to be leveraged much either.I will say after many years of growing the nest, I can't imagine how I'll ever be able to "spend down" all I've earned and accumulated over the years.

They've been playing with with me for 2weeks now.Originally posted by @Joe Papp:You've made an above asking price offer.

After the inspection, if I still want to move forward with the purchase, then the seller will sign the PSA.I don't understand the game that the seller's agent is playing and i am seeking advice from the BP community.Thank you

I've played the Cashflow game as well, it's currently on pause on the table actually. 

(Draftsman will be under qualified, especially when permits and filings come into play.)

- What would be a good area for a flip in Dallas i.e high demand for SFR in that price point? 

To play it as safe as possible I bought a property in a B area, it was already occupied.