It's only worth what people are willing to pay, which is why your house here has been on market so long.If you are absolutely in love with it then snatch it up, love isn't logical and you must act on impulse if it's really love, but if you want to make an investment then run the numbers. 

It seems to have been an impulsive and quite speculative purchase - like friends pooling money together to buy a ton of lotto tickets... 

I'm also fine with idea of saving money that I would have spent on impulse for things like a fast-food stop, a small shopping trip or a night out.

I might get an impulse occasionally to buy a Ferrari for cash.

Knee jerked on purchase as I was tired of procrastinating and impulse bought it honestly Lessons learned?

It takes planning and restraining oneself against impulse, and this feels like severe pain to most and they can't tolerate it. 

Most people impulsively fo out and buy a new car, or some other luxury, on credit.

I told myself I wouldn’t impulsively walk away without thinking about it more, re-running the numbers, and reminding myself why I wanted it despite the perceived challenges.Knowing the property met my investment criteria and that my underwriting was quite conservative to help account for my lack of experience, I changed my mindset from “What could go wrong?”

Very often your first impulse is the wrong one.

Just started with an eBay impulse buy that offered owner financing a few weeks ago.