Some areas that have received recent building deliveries are being closely monitored, but none have reached a distressing level.Overall, our outlook for the remainder of the year remains cautiously optimistic.

That numbers part tends to get overlooked- If you can't show your partner how what you plan to do adds up on a spreadsheet, without optimistic projections, then you shouldn't expect your partner to be on board.

I've seen plenty of "creativity" (unpermitted contruction, sketchy zoning "work arounds", optimistic rehab projections, AirBnB dreams) that I'm not interested in.

If I were an optimist, I would assume that they would be fixed by the agents in the transaction prior to the closing table / final HUD.

We are optimistic that the occupancy and rates will increase with time. 

, you will have trouble accurately estimating the rehab and you absolutely cannot trust wholesalers #s in my experience, as they're overly optimistic because they're marketing a deal.

So, $1,400 - $1,500/month rent  might be a little too optimistic.

That might be optimistic after taxes/vacancy/ongoing maintenance but its probably not too far off.

It's like people assume because you bought a ton of real estate you're making tons of money.Often, newbies don't understand that prolonged vacancies, expenses, repairs, supplies, etc. all drag heavily on cash flow and turn 100 units from a blessing to a curse quickly.Quick example: I could add on 100 units in 2020 if I don't care about cash flow or I too optimistically figure my actual expenses. 

I'm cautiously optimistic.