I'm going optimistic with a 10% dip over this next cycle. 

Here is a great example Tony Nitti sent out:I think you're overly optimistic about the clarity of SE forgiveness. 

I would be careful not to be too aggressive/optimistic about calculations, it's always better to be conservative and then be pleasantly surprised!

It'll take time for either sellers to see the light and compress the bid/ask spread, or for buyers (or at least this buyer) to have the confidence in the near term performance to underwrite to more optimistic assumptions. 

Herein lies the problem (I probably should have been more specific from the get-go), even if you were to be overly optimistic and base the evaluation on GROSS, and not NOI, at an 8 CAP you would get an overly generous value of 105k (=8400/0.08). 

Just less...Hopefully we continue to get more economic certainty soon and a good rebound- cautiously optimistic.

But I'm optimistic.

.$3-5k seems optimistic for new appliance, countertops and fixtures.

@Tim Swierczek Its nice to see people being optimistic at this time.

Taking the first steps toward getting listings seems tough so far but I’m staying optimistic and reaching out to people where I can ie.