My psychic powers tell me you're bird-dogging in order to build enough wealth to start your own portfolio of cash-flow-positive buy-and-holds and/or down payments for high-value quick-flip deals, amirite?

Another point briefly touched upon was the 'psychic toll' that tenants exact: constantly trying to get over, not pay, make excuses, lie, steal, threaten, defraud, intentionally damage, and so on.

I once got a call from a sales person, and said the the owner died, but that I could talk to him psychically.

The seller should not be present for a showing anyway and should not care who you seek an opinion from whether it be your parents your priest or your psychic.

Warren also bilked people when he ran the now-bankrupt "Psychic Hotline," a telephone service that charged callers to speak to fortune tellers.

You will expend effort, money and psychic energy on a long shot chance of recovery.It would seriously not surprise me if spending the same money on scratch tickets would have a higher expected value.Don't personalize it.

Wondering why you'd want this building - seems to me it is going to take too long to walk away with cash  - there must be a better use of the building and land - I guess you know what it is - So I would think that the seller has had this property for a long time, it didn't sell when it was listed or when he at it for sale - I am not a psychic - but I would guess he has back taxes and other liens or violations.You may want to give him a really low counter offer - to see how serious he is - I personally would want to contract the property with an offer subject to assignment with right of possession.

You only have to reinvest the gain (whereas in a 1031 you must buy replacement property of equal value to what you sold) and you might get some psychic value out of reinvesting in a distressed area. 

I don't have and special insider information and I'm not a renowned psychic!

I'd like to ask: should I talk to a psychic?