Don't Let Emotion Dictate Your Decision Remember you are purchasing for very different reason's than when you where buying your first home for your family .

It gives you a layer of separation from your tenants and makes confrontations easier and it's less likely that tenants will take advantage of you or appeal to your emotions.

This class of buyers purchase the properties for reasons other than "income" (i.e. good school districts, desirable locations, emotions, etc).In your Baltimore property example, if the "comps" support $200k, obviously you would list it at $200k.

Please excuse my emotion but I'm tired of constantly thinking about real estate, reading about real estate, and when and where and how I'm going to get started.

I agree with @Justin Abdilla's approach as these situations can be emotionally driven and may become legally challenging.

Another reason we don’t want him digging up our yard.There have been other issues with this neighbor,....they are very emotional driven!

Investors tend to not spend enough to acquire their first deal, not working based on numbers and calculations, injecting emotions into your marketing instead of data, quitting too early, and just not putting in the time and effort into learning paid traffic.Now I'm guessing you don't have a large budget to work with, so if your only spending $100 a month on AdWords, don't expect a deal or even a lead for a while.

Another emotional pro of cash is that it makes people move quicker!

And, of course, it takes time and emotional energy when a tenant starts the downward cycle that ends in you needing to get possession back. 

Leave your emotions and ego outside once you pick up that phone.