Instead we bought an emotional personal residence with the capital we had and went about our lives.Now that I am in a different place in my career with young kids, I think I'd be divorced if I tried to do it right now.

It is a huge advantage to you that the bank owns it because banks do not have an emotionally attachment to the property, they will look at your offer as a business transaction.

., lease agreements, partnership agreements, etc) I'd say look on this site or spend $59 on an online service....but subject to's & lease options can often be so customized and they need to be tailored to the situation you are in that to NOT spend money on a lawyer (probably $250 or so) is not a sensible in my opinion.Remember...especially on Subject To's...you are dealing with people's emotions and 99% of the time they will be skeptical of your intentions....so to have a legal document that was not done using legal expertise could potentially give them more reason to be skeptical of your intentions....

From an emotional standpoint, if you are going to wake up in a cold sweat every night without going out to see the market, then do it.  

Lose the emotion and get down to numbers.

As an investor, there's no emotional attachment.

Elliott Kim If there are 20 blind offers and a group showing them someone (or more than one) is bidding with emotion.

Landlords need to understand that there is absolutely no tolerance for emotions/feeling in operating a business.

First, you are forcing yourself to connect your thoughts and rationalize your emotions as to why you think it is a possible solution against your rational.

Development can be a slog but the payoff (financial, yes, but emotional too) will be big.