Good renters.Option A: Continue to rent.Pros: Rent is inflation hedge. 

Land doesn’t depreciate, and while buildings require maintenance, they usually gain value as markets grow, demand increases, and inflation takes its toll.Real estate investors benefit from a significant tax write-off based on the concept that properties lose value over time, even as their market value skyrockets.

What that means is that even if you "overpay" for a property today, there's a pretty good chance that the normal rate of inflation and general appreciation is going to make you look like a genius 30 years from now. 

Can it really be just a bubble inflated by FOMO, fear of missing out?

Just over 1% per year, well under inflation. 

most bankers are standoffish ;-)yes, the HML/PML will be higher cost, but my concern for you is the banker knows he can't do your deal, but will string you along for a while, ask for additional information that takes you time (and maybe cost) to put together and he ends up either ghosting you or taking 6 months to tell you no.I could be wrong and you may be dealing with a "unicorn" banker, but I believe a HML/PML that knows construction in your market will be easier to work with, actually close your deal, and end up "saving" you money in the long-term...just my 3 cents - even inflation has increased this!

interest rates going down, would increase demand for goods/services, thereby increasing inflation.That's the theory anyway, but supply side inflation can be plenty dangerous as well.I think the 2024 outcome will just continue to benefit property holders, if you already own, just sit tight.

It'll be nice to have that behind me.And yes, in the Denver area the inflation of house values has outpaced my ability to save, so that's one reason why I decided to try investing from a distance. 

In the next 5 years, we can buy one property per year with 25% down (~100K), and perform the same operation of using cash-flow for paying off properties next 15 years and we will have $15K/month net-profit which hits our goal adjusted for inflation (assumed at 3%).

Accreditation today has a seemingly lower bar than it was, say, ten years ago due to inflation.