Eager to do my first RE investment but gut says wait!

[Ryan Garant]

Hey everyone this is my first post and I'm super excited to be a part of the BiggerPockets community! I've been devouring BiggerPockets podcasts, books, and courses for about a half year now and am at the point where I realize I need to start applying what I'm learning or I'm going to explode.

I'm particularly interested in the Boise market because as I'm planning on moving there soon + house hack with a 3-12plex, but I have this feeling in my gut that everything there is extremely overvalued. Prop values are about 10x local household income.

So on one hand, I'm eager to do my first deal, but on the other hand my gut is saying that market has topped out and is about to head down the roller coaster. Any tips or suggestions on patience vs taking action?