To ensure success, I researched the area and the upcoming job market trends, which made me optimistic about the market.

$40 per foot seems optimistic for a full gut job plus CC installation...but maybe its doable for a single story conversion. 

We looked around in bay area for multi family units and found 2-4% cap (optimistic seller data) and decided to wait.

Your cashflow seems optimistic 

It turned out to be a combination of the market softening, too much inventory in my price range, a realtor with an optimistic listing price, and the drug dealer next door.

You can, but don’t be too optimistic about it.

This idea makes me feel optimistic for an affordable retirement and excited to be able to manage a smaller space in the future.

We continue to be optimistic based on the info we have.

@Porsha Fross that formula is a formula that has floated on the internet, but it's widely optimistic unless you're in a dense environment without much competition - aka one of the first spaces in NYC or SF.

Let me know if thats too optimistic.