Here is what I considered with optimistic projectionsWinter boat/car storage (110/mo x 6 mo per year)Tenant storage (120/mo x 12 mo per year)Tool and van storage for a small business owner Leasing rooftop for solar - does anyone know if companies in the Syracuse, NY area lease rooftops?

I agree that a 3% increase might be a little optimistic.

@Chase Webster for a first time deal getting it closed and up and running in 1 month, especially considering repairs is extremely optimistic.

I am not an optimist for the next few years.

So, even if get an optimistic rate of $2700, I might obviously not have a good cash flow, keeping into account 10-15 % for repairs, vacancy and any unforeseen expenses.

And let's not forget immigration, which isn't going away either.All in all, the population and tenant base will continue to grow here and industry and local investors I know are far more optimistic than the media pundits are (big surprise). 

I will work in all that we talked about (into the spreadsheet) and start being more optimistic :).  

Additionally, any type of litigation is going to be $1,000s if not $10,000s, which is why it does not make sense to pursue (I think you're being optimistic with your 50/50 chances). 

I am very optimistic and am hoping to conduct a few deals by the end of summer, and purchase a commercial property by the end of the year.

The mood in the market is still highly optimistic, but with some slowdown expected, now might be the best time to buy or sell, which means it’s a good time for brokers as well.”Source: Minnesota Brokerage Group.