I am not anti-leverage, but it has inflated the world's economies and at some point will run out. 

The rents have increased faster than inflation, minimum wage, and average salary. 

Very little downward pressure on pricing in fact I think a lot of people are scared of holding cash due to pending inflation (from the government printing an unprecedented amount of money), and are trading out of cash into hard assets like property as a hedge against inflation, so we may even see prices increase.

It has a renter in place but selling at a great discount and all the numbers would even when inflating everything in order to err on the conservative side.If the loan payments are factored into the refinance underwriting, there is no way that the DTI ratio will work out.

When investing in hot markets the prices are inflated.

I did think some of the numbers were inflated, that’s what a realtor is paid for I guess.

I based the income on all 4 units rented because I like to see the future (or market) value but maybe that's a mistake since it clearly inflates the numbers.

With what could be a protracted recession and a period of high inflation after the pandemic ends, it’s hard to know.

How much of an effect will this be on inflation.

Too often, people develop inflated egos and forget their own humble beginnings.