Having the ability to stay optimistic and focus on your impact is important! 

Seems VERY optimistic.

We've decided to up the budget a little bit and have discussed the level of rehab we're comfortable handling (both from a first time perspective and while not being onsite daily for) Finding the properties seems to be the easier part, we have also come to agree that we need to find our team first before going any further (PM and contractor) I'm still optimistic and our goal is to buy something in 2019.

As a newbie who gets both more overwhelmed and more optimistic the more I learn, I am excited to begin thinking about what my Day 1 action is going to be, which makes me curious; which point in your journey do you consider to be Day 1?

Feeling pretty optimistic about the CPI print next week, lot of different data signs seem to be indicating inflation has peaked and is strongly on the way down!

-CoC return in first year would therefore be (-3k/100k)% or -3% From listing:-$50k rent roll, $40k current NOI, 9.1% cap rateWhich is confusing.. are they optimistically listing the NOI?

@Scott Macgowan, if you are submitting the plans next month, I feel that start construction in the spring/summer is a little optimistic.

Public REITs trade on the stock market so market sentiment can get overly optimistic or overly pessimistic and trade at different price than the underlying value.

I am honestly a very optimistic person and I still think I am optimistic about NYC and Hudson County over the long-term but I think we are headed into a nose dive in the next 3-5 years.

Perhaps I’m just an optimist too much and am not thinking about things that could go wrong but I’m sure things could go wrong with the first property and this would NOT be wise.