Is this just someone betting big on inflation?  

I have been doing this a long time and the things that happen in my Little Rock properties still surprise me.

This experienent has no "memory".

Once you feel you've built a strong team with your first property and have solid systems in place, I would then start buying more aggressively and taking on bigger projects.I suggest reading this BP article on the core 4.https://www.biggerpockets.com/blog/core-four-real-estate-team

Roof repairs, broken this, broken that.

I’m curious have others here noticed this trend with new investors?

We do want to settle in a little bit here while continuing to do our homework, but hope to get into something in the next 6-12 months.With the way interest rates are looking now and what little I see on public listings, I think a smaller multi-family that needs a little rehab would be the best bet. 

Just normal stuff that happens in this biz when you're dealing with so many variables and things like that.At the end of the day, what you want is someone who will shoot you straight and who will do what they said they would.

I’ve seen deals like this before where a seller needed quick cash but was still emotionally tied to the place.

@Sean OToole    this is an interesting post Sean.