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touche` :)

Yeah OK - but the flip side to that argument is - compound that $400K property that you did not buy while trying to save a few $K's, over 10 years or so. ;)

AND he is contractually obligated to do exactly what he did - get the highest price for his vendor :( And yes, overpaying initially is long forgotten in the longer term of 10+ years BUT it can, as you rightly point out, slow your acquisitions initially - with long term repercussions. That...