The numbers looked very optimistic.

I take all this as a learning lesson on how to not do things in the future and I'm still very optimistic.

40k sq ft on the size parcel of 2 to 3 acres sounds optimistic.

For my personal tastes the "used home" market is frothy and the cashflow that I like isn't there when you account for the Repairs and Maintenance costs associated with the age of homes.When looking at New Construction though, I get a little more optimistic. 

They optimistically see opportunities with an abundance mindset not a scarcity mindset.  

I'm budgeting $15,000 but I'd bet even this figure would be quite optimistic, considering the property was built in 1919.3) I'm showing the rents for each unit are currently $900 + $450 + $500 + $750 = $2,600 for the existing tenants (according to the Realtor.com listing). 

I hear the news, newspapers and some TV “experts” say a recession is at the horizon.  This year I’m on track to have 1/2 dozen new properties.  Just wondering if others are concerned about a possible slowdown in the e...

How optimistic/pessimistic am I here?

I think you'll see that we all pretty much tend to be optimists regardless of the circumstances. 

Land value is crazy high around here so I'm a little optimistic though).Historical rent value: $1,300 (I conservatively estimated $800/mo which is amazing for my area and the calculator suggested the property still cash-flowed).Ann taxes: $1,317I'm not sure if I missed a value so let me know what you all think!