Originally posted by @Hattie Dizmond:@Sherwin Vargas win Vargas Take a deep breath.

Assuming you used to pay $500/month you are now doing rather well from a cash flow point of view.If you'd paid off your Credit Card with the 10k your scenario looks like:Take Home Income (W2)-$500 Rent-$184 Payment on Student DebtIf you bought a multi family that left you with $0/month in rent payments and everything else was covered:Take Home Income (W2)-$184 Payment on Student Debt-$357 Payment on CC DebtYou are winning by $143/month by buying the house in this scenario.

Win-win for everyone.

@Brian Pulaski  well that's the point.. we are all in it to win it.... not to just go out and have a nice chit chat with someone.. so you want to go in Guns' blazing.. its rare that these folks talk to only one person.and for sure there was no way I was going to put all the time and effort into this business then beat out of the deal by someone who had Zero money or capacity to transact and in our state was doing it illegally to boot..

It's a win-win for both people.

It's a win/win as he is getting higher than asking price and won't have to pay full capital gains taxes at once while you are getting your terms. 

Win-win!  

Earning a profit, and amassing a ton of knowledge and hands on experience  (which is invaluable) sounds like a win in my book.

Paying asking price does not mean you paid too much... sounds like you pulled off a win-win if you got a great turnkey home to rent out and the seller gets what they need as well. 

Her argument is that we would have been sitting on the couch watching Netflix if we didn't have this house to work on and we should estimate our repair cost at $27,000, thus feeling like we made more profit.Who wins this argument?