Can't Set Default Value in variable

When i place it on the map it appears to be initially set, but upon playing a failed cast shows otherwise (as does the editor after exiting PiE).

If i then try to set the itemBP, it resets all of the values inside of thisItem http://puu.sh/dKwJ5/9eb25b53d5.png

I also believe this is the culprit of a crashing issue i had before.