Every time I see Nashville discussed on this site, it seems the market is hyper-inflated there.  

I'm not sure the methodology behind the figures and it could be inflated by returns from large real estate groups that bought up high numbers of homes after the crash.  

We are in a "Seller's Market" right now so you're going to see some seriously inflated asking prices; I know I've definitely seen some head-scratchers.

If you've got 30y financing and believe increased inflation is coming, that's another tailwind.

Let's not forget that a great reason to use long term financing for leverage is to hedge your monthly commitment against inflation.

If you answer affirmative on each of those questions the next question is whether there is a better investment option available.LA historically appreciates going back more than 50 years at rate higher than inflation and higher than RE in the average locale.  

Even if the property appreciates at the exact same rate as inflation (so basically zero growth), every time you make a mortgage payment you're building up equity. 

Interest rates are lower than inflation!

We do want hands off commercial investment, but are apprehensive about their inflated management & hidden fees which will eat into the returns.

The seller is willing to do lease to own option and needs out so I don’t think I will end up paying much of an inflated price for the space.