@Austin V Nguyen even with your optimistic soft cost you only net $1200 per year on an investment of 44k dp and $6k closing cost. 1200/50000=2.4 cash on cash return.

I've just priced in great risk and more conservative assumptions, but I'm still open to opportunities.Overall, I'm pretty optimistic that within a few months we'll be in a good place.

I always shy away from optimistic numbers in favor of conservative numbers to protect somewhat against downside risk. 

And it shows they are actually very optimistic by cutting ONLY 25% of workforce.

That seems optimistic even in high cost areas only a few properties rent for that much that are attached. 

As demand decreases and supply increases, we naturally see a decline in price BUT the graphs to follow show a steady demand for housing still and I believe that once people are able to get back to work and start borrowing again, we will see a fast recovery.With our phase-one/soft open coming up in only two days, I feel optimistic that we have seen the bottom of this economic slowdown and that we are soon to be on our way back up. 

If the optimistic scenario happens I think you'll only pay a little more, but if the pessimistic scenario happens I think you'll pay a lot less.Condos are fine.

I’m optimistic.

I’m more of an optimist so I don’t worry about this that much.

Maybe i am too optimistic that i could get it...