This is one of those stories that produces emotional responses.

I know, there’s lots of emotion attached to first homes, but that will keep you poor.

Make sure to know your numbers and don't let your emotions take over your decisions. 

When it comes to emotions, I think it would be more important to connect with him emotionally and then come out with numbers that will make sense to him and to you.Either way this definitely doesn't look like a bad deal, especially if you are comfortable with the area and your experience with your other property.RE boils down to numbers.

I want to keep all emotions out so thats why I am turning to you guys for unbiased feed back on what you would if you were in my shoes.Thanks again,M

Every time I've got the sense that when you dig deep into their emotions it's because they lack confidence that they are going to be able to make it work with just one.  

The challenge is the emotional attachment  sellers have with their property and sometimes their home is actually their life savings.

That'll also help to keep personal distance from the tenants and emotions out of play in case you need to evict.Expectations: Expect a lot of lies to be written in on your applications.

While in that unit I had a great conversation with the presenter who was very careful to make sure that I understood that a special assessment had been levied on the building and that the seller had paid off that balance.She went further to warn me that I need to be very careful when buying condos as many folks seem to forget to talk about any special assessments until later in the process of discovery (I guess in hopes of getting you emotionally invested in the property and therefore more likely to bid closer to asking price rather than try to factor the assessment into the offer).Anyways, when I went to leave she asked if I was interested in looking at another unit- I did so she took me to another unit and turned me over to that agent.

I get the relationship element and the emotional aspects of this, but I am trying to figure out if there is an acceptable convention for who gets what based on time, money, and skill.I appreciate your time.