With the new Administration waging War on our Energy Production, we now have Inflation at greater than 5%.

The other part me says don't wait and just keep hunting for the next property even if you over pay (one because the cash isnt doing anything and two because inflation is actually a serious issue right). 

Keep your cash on hand by stabilizing and refinancing your cash out, BRRR method.If this inflation keeps heading up then your cash will be worth less and less every day.  

So how is a person supposed to make anything in this inflated market?

I mean stage as in clean up (no buckets of drywall mud or inflatable furniture present in pics lol).

There are still some people that have over-inflated ideas of what their homes are worth, but there are only 11,000 realtors in NE Florida too, we could stand to send a few back to their former employer locations.

Is anyone else concerned about hyper inflation?

However, they cashflow well because there is a consistent rental demand from civilians working on the base living off base and military working on base living off base nearby.Additionally, the rental rate is often supported or inflated by the BAH of the military demand.

I guess it is better to earn 5% than lose 3% or 4% for inflation 

You can lock in a rate that's lower than inflation, it's basically free money.