These have me more optimistic because they can provide a reason for in-migration.

Then make your decision.As for your report it looks a little too optimistic for me.  

It is the true story of a real estate investor...not some stripped down version that paints an overly optimistic picture of the process and outcome.

Rents in the area for a 3/2 (even rehabbed) top out at 1400/mo and that’s optimistic, more like 1300/mo to be conservative.

During the worst of the crash I almost bought a brownstone rental in st Paul but decided MN was too anti rental owner and didn't want to risk a negative CF for a few years if my assumptions were too optimistic.

Looking closure at projected expenses: I know will be something, but existing 3 units are turn key recently renovated by seller so I am optimistic for lower than average capx and repairs, using just 5% total.

I enjoy the hunt for properties, the execution of value add, and am an optimist so if I have time I will continue to participate in these auctions.  

Rate hikes and competition are killing deals, but I'm optimistic.

Not pessimistic or optimistic at this point, just my 2 cents as a lay person who pays a bit of attention here.

I think $30,000 for a full gut job is very optimistic, even for a small house in K.C..