One thing I've noticed is you have to have an open mind and not be stubborn as you're learning.  

Below are what the numbers would have looked like:-$189,000 price (assuming I negotiated to the actually purchase price of $170,000)-25% down payment, 4.5% interest purchase price plus reno loan (loan structure I am using for my current deals), $25,000 renovation-Rents were listed at $500 and $750 (I would have put inserted $800 and $1000 which are the rents this type of property usually goes for in this part of Cincinnati, Ohio)After insurance, taxes, and savings the numbers would have been: -8% ROI and 7% cap rateLuckily for me, I was very stubborn and listed my rents at where I wanted them to be, and after a few weeks of vacancies and the fact that super fancy apartments charged $1350 for 1 BR unit, I was able to get the 35% ROI which I now know, is an outlier.Cannot wait to hear about others experiences!

I know that I am more stubborn and prideful than most but cmon. 

If it was me I would move on but some people are more stubborn then others.

ONe of them owned 2 acres next to Apple headquarters on Stevens Creek blvd  ( it was his bar and restaurant for years)   just stubborn dude is all I can remember.

She was offered $2500 for 3 yrs.If she rents it out she'd have to buy or rent a second place to live in.I told her her to sell it and buy 2 smaller homes, but she's stubborn like that.

I used that card many times to get my borrowers to settle up.. easier dealing with me than the IRS>. ones that were stubborn I sent them out and the next thing you know they are calling me  and freaked out.

Also the property has been on the market for over a year which could be a sign that something is really wrong or the seller is just stubborn on the price.

So I love old inventory, ripe for a price reduction and at that time the seller is ready or just really stubborn.

Some can be real stubborn.