If it's leased, you need to decide if you want to sell it now versus when it is vacant.Typically, you will get the highest price selling it to a buyer planning to live in it as they make emotional decisions - but it needs to be vacant for this.If you choose to sell it tenant-occupied, an investor is your only buyer and they SHOULD base what they will pay for it on their target ROI.

I think my emotions were getting involved.

Home gets personal, emotional.

It's an emotional "investment".

FINDING THE RIGHT LENDERReal Estate Agents assist in determining what a Buyer can afford as well as available financing options.FINDING ‘THE ONE’With hundreds of homes on the market at any given time, Real Estate Agents assist in finding the home which best meets a Buyer‘s needs, from size and style to features and location as well as accessibility to desired amenities.EXPERT PROPERTY ADVICEReal Estate Agents can provide information to better inform a Buyer regarding which property to buy, from real estate values to taxes, municipal services to utility costs.KEEPING THINGS IN PERSPECTIVEReal Estate Agents can be objective about a property and point out disadvantages, as they have no emotional ties.DETERMINING FAIR MARKET VALUEReal Estate Agents will determine “fair” market value establishing a fair sales price.STAGING AND FIRST IMPRESSION MASTERSReal Estate Agents can offer suggestions for staging a home to show off its best qualities.MARKETING MARVELSReal Estate Agents also act as marketers to make a property more visible to Buyers.

RENT=LOWEST PRICE POSSIBLE, OWN = YOU WILL PAY MORE FOOLISHLY DUE TO EMOTIONAL ATTACHMENT. 

Quality > Quantity is the key hereI know guys with lots of doors who bought subpar stuff and they generally pay for it one way or the other (bad tenants, losing money on liquidations etc) because, more often than not, emotion (As Jon Kelly said, fame of a 1000 doors > 20 doors) gets in the wayBeing well capitalized (partners, LOCs etc) is great but what's even better is when you buy a deal with solid financials and fairly low, well-measured risk going into it

The other group of buyers that are really coming out ahead are the ones that are looking at the homes that the ibuyers are trying to get rid of because the ibuyers have no emotional attachment and once the house sits for a little bit they are just dropping prices and offering concessions that can't be beat.

Even if you put these temporary firewalls above in place, it still takes time, money and emotional energy to fight a lawsuit you may eventually win.This also why I am with Chris and do not allow any aggressive breeds in our rentals. 

Rarity is the amount of emotion that people get when they see your post.