There are a lot of people under water right now that want to sell, but they are still in that mental game of I can't lose money on the sale and therefore they have their properties over priced.

Thanks for being honest — I can say I've felt this.I’ve been sitting with a similar question lately: Do the benefits of investing with debt truly outweigh the emotional and mental weight that comes with it?

That can work if you’re comfortable funding that loss for years, but make sure it won’t strain your other investing or personal goals.If you sell now, yes, you’ll lock in a loss, but you free up capital and mental bandwidth to redeploy into an asset with healthier fundamentals whether that’s in Colorado or elsewhere.

Even though the home you may get may be slightly lower than anticipated, moving up for a big interest rate spike is a mental hurdle many are not wanting to do and are ok with the home they are in for the time being. 

I book marginal candidates in between strong ones to create a scarcity mentality.

When undertaking long-term retirement or estate planning, a long-term mentality beats short-term planning every time. 

Agreed mate,I'm all about taking personal responsibility and I have been swindled many times in a similar fashion like many feel on this thread.It seems like these investors including myself in other instances get negligent and don't read between the lines.Especially after trust and a relationship have been established, we become gullible and don't second guess or question.Maybe it's greed for some but in my instance it wasn't.Just innocent and trusting stupidity (No, I'm never a victim as that is ******** mentality in my book).I had some spare $$$ and wanted to diversify in other assets through folks I considered friends and trustworthy business partners.Didn't even think twice to look things over.Looking back, it all makes sense now but it's easy being a general after the battle heheI only blame myself here...I mentioned in the thread further above that I lost to the tune of hundreds of thousands of dollars.Again, it is what it is and it's a lesson.Only myself to blame and have always taken the high road in such instances.As much as I'd like to fight for justice and go down the legal path, it just isn't worth the time and emotion.Upwards and onwards.Become better and make more than you have lost.Each to their own and that's just my personal "modus operandi"

When done without this diligence it can still win out, but you need time on your side which means a lot of capital and mental power to withstand the headwinds physical RE poses. 

Based on comps and condition, I estimate the property’s value to be in the $205K–$215K range.I was torn between two pricing strategies:List at $199,900 – Just under the $200K psychological threshold, hoping to generate a lot of attention and create a bidding war.List at $209,900 or $210K – Target buyers who already crossed the $200K mental barrier and are more likely to know their max budget.The home is renovated to a higher standard than most in the neighborhood, so I wasn’t sure if pricing it slightly low would attract bargain hunters, or if it would pull in serious buyers ready to compete.What’s worked best for you in similar situations?

At 18 years old I come into the game with pure ambition and a ready to learn mentality.