But emotions are not always the best decision makers.

I think you should set a number now based on what your willing to spend so emotions won't get involved.

These can be emotional conversations that I can't imagine would be easy by phone.That said, I'm also interested and buy in the markets you're targeting so let me know when you get some under contract!  

Overall, this is a good way to turn a short-term tenancy into a long-term relationship that should keep you occupied for a good long time. ...AND they understand annual cost of living increases from a business standpoint not an emotional standpoint of a tenant!

With that said, I have been involved in commercial construction and property management for a considerable amount of time (decades), so I have a lot of background knowledge to rely on.With residential, things are pretty simple since it is much more of an emotional buy in many cases.  

If you can get to the emotion, you'll find the true motivation (if any) and be able to solve a unique problem in a way others can't.Sorry for the ramble!

I do not want to get wrapped up in emotion but numbers.  

My decisions lack emotions and is based all on what kind of returns I can get from my purchase.  

Some people put a lot of emotional value into a home, and if you tell them why their house is awful, they may never sell to you at any price. 

So don't get too emotional along the process when something can and does go the other way... these are low odds deals unfortunately... good luck!