Inflation is not your fault. 

And if inflation hits, a rental will be a good hedge against that.Sell when it makes sense with your goals.

If your true cash flow after expenses is higher than inflation for this year I would hold. 

The benefit is that you get tax free money out of your home, and have your tenets paying the mortgage back with lower inflated dollars.  

Time forgives most (not all) overpayment on real estate because of the power of inflation to destroy debt and induce appreciation.

As a serious investor (mostly public equities) since the GFC, I've heard these scary catch phrases over and over again from friends, colleagues, talking heads and professional investors. I even know some that went to ...

Hi @Jodi Marsh, A lot of contractors are drastically inflating their prices because they are too busy to do the work. 

And, as the price continues to drop so does the risk of uncontrolled inflation. 

This is also in line with the general inflation we see.  

I can speak from years of leasing in the area you are buying in that while things are a bit inflated right now historically rents do not go to $1400 unless you are renting out a single family home in quail creek.