I thin some of what appraisers are doing is trying to protect against inflated markets, whereas in my example above people may be wiling  to pay a premium it’s the only listed 4br in their desire do area.

I can just look up recent cash transactions closed  and track down the active investors in the area.I do see this model happening a lot here in Texas ..these brokerages focus only on finding distress properties and double closing them to other investors... but they cherry pick comps, inflate their ARVs and market the property to newbies who have no clue what they are doing .

Today Las Vegas price is a catch up for the inflation.

However, inflation is expected to be well below 10% this year, so decent mortgage rates are at least on the horizon.

If there is any, it will often trail the inflation rate....and they often can be depreciating assets.You want to look at if there is a history of the land lease being extended when the lease is nearing it's end. 

I've told my agent that I will pay commission but only on the REAL price I'm getting for the house -- the inflated sales price less the seller subsidy.

There's a property in my radar that seems to be inflated in property tax value comparatively to other surrounding multi-families.

Interest on a land contract can be inflated for potentially higher future rates.

Don't go straight to the good and keep your money in the bank earning (losing after inflation) .2% on your investment.The Good. 

The home value in Little Rock will probably rise with inflation at best.