I'm a buy and hold investor and have a 10 year time horizon in mind.

The last few weeks I have spoken to some investors that have a bit of stress with increased interest rates, inflation, concerns of recession on the horizon and some that have even started to see dips in their short term rental bookings, but then I talk to other investors that seem to be thriving right now more than ever in their markets.

Is there any approach that anyone can recommend to justify continued investment in an area like this, where an actually good deal may only come along or be "made" every once in a blue moon, and if not, how do I convince my partner to expand her horizons?

While I do feel housing prices are excessive at the moment and a correction is on the horizon the looming rising interest rates plus the lingering lack of housing inventory make me think that now is the time to invest.I have been pre-approved for a jumbo loan for a purchase price up to $1.5 million at 3.5%.

If your time horizon were further away then I'd answer differently!

As much as I am look for it in the data (and talk about it on my Milwaukee YouTube channel) I don't see it anywhere on the horizon.

unless ur like swimming in assets & documented monthly income despite the lack of credit.. in which case good credit would be on horizon in time??

Because of this, I see the potential for a correction on the horizon. 

With developing neighborhoods, rising home prices, and nearby opportunities for work it could be on the horizon.  

But it is incredibly easy to make a mistake right now.Without knowing anything more, unless your time horizon is at least 15 years I would encourage anyone considering buying real estate to sit back and wait at least six months.