In the Discounted Cash Flow DCF) Valuation Procedure

In the Discounted Cash Flow DCF) valuation procedure:

A) The cash flows should represent a conservative or pessimistic forecast, so as to make sure you don't encounter unexpected problems later on.
B) The cash flows should represent an aggressive or optimistic forecast, to help sell the property as quickly as possible.
C) The cash flows should be realistic best-guess forecasts, as risk always has both an "upside" and "downside".
D) The cash flow forecast should obey the "G.I.G.O" rule: "Get In and Get Out" before the market crashes.