I have been beat out on a couple deals now so when I saw a triplex in a university area I was pretty gung ho (first at the open house and then in submitting an FHA asking price offer after running optimistic numbers).

The average time between booking and stay in my market is 24 days, so I am optimistic.

Am I too optimistic?

I am optimistic about both of them, but we'll see. 

I am making a fair income with my new career but am optimistic about turning a small amount of money into a large amount of money through Real Estate Investments.

I think Phoenix is a great market to invest in, people and companies are moving here every day and carrying costs are low (compared to my hometown of Chicago) so I am optimistic this could be fun, challenging and profitable.  

But now I feel more optimistic! 

Probably not, but don't assume it's the same as the residential units.I think 5% on a commercial loan is optimistic. 5.5-6% at least.Insurance might be a low considering the property value and the fact that there are commercial units (more foot traffic, more chance of something bad happening).What about heat and HW?

I'm really optimistic about Montclair, I think all the 'rougher' neighborhoods are going to be the I-wish-I-had-bought-back-then properties of the future (barring a cataclysmic event). 3 train stations, multiple bus stops and tons of restaurants and parks, historical homes, culture, and good schools - what's not to like?

@Jeff B. and @Ryan Hopkins  Call me overly optimistic or naive, but I'm hopeful that the new state mandate will put local governments in check, at least somewhat.