Aaron Junck thanks we gotta be optimistic !

@Jon HoldmanI'm not overly optimistic that private insurers can make a profit in the flood insurance business.

The seller always thinks the property is worth more.The buyer always thinks the property is worth less.A Realtor tends to be a little on the optimistic side.An appraisers evaluation tends to favor the person who's paying for the appraisal.The point is, everyone has an opinion of value, and that's all they are… opinions.If it's your time and money at stake, the only opinion that should count is yours (the investor).

I hope to get a General Warranty Deed.I am not over optimistic.

If expenses (and capital and vacancy) are 50% rather than your more optimistic 45% then your cash flow falls from $501.45 to $126.45 and your cash on cash return falls from 8% to 2%.

He spoke optimistically about re-financing the property once the rehab is complete.

My guess is that your ARV is inflated and you are to optimistic on repairs as well.

You may be a optimist and see nothing but rainbows and butterflies for the next 30 years, but I personally am not leveraging to make that bet unless the returns are pretty astounding.

Although we remain optimistic believing it's all part of the process.

Not a chance, that'll barely get the thing up to code most likely and that's being optimistic, forget upgrades.