In this case it is a 1700sqft single family residence in the Pensacola FL area, so this price seems inflated to me.

That being said the prices are so inflated I just don’t see the cash flow unless you have a ton of capital to put down.

We know inflation is skyrocketing and RE has taken off, New York is a matter of time.

I'm still a newbie myself, and searching for my ideal out-of-state market, as I reside in the Portland, OR area, which is outrageously inflated at the moment.Anyway, all the best my friend!

It will explain in much more detail.From my reading and speaking with an attorney (I’m not one, so this is not legal advice), you are allowed to raise rents 5% + inflation (which is measured by the CPI for last year ~1.6% I believe), so this year you could raise rents a maximum of 5.6% if my numbers are accurate.You may evict a paying tenant only under certain qualifying circumstances.

When inflation and interest rates are high, there is a lot of value in paying taxes five years from now rather than now; much less value when inflation is low and interest rates lower still.

I wouldn't be excited about Panamas low inflation rate.  

Bozeman does seem a bit inflated, and I heard recently that they're planning for 40,000 new homes in the next ten years!!  

Im always keeping my eye open in CA, but I think your right lots of places in CA are inflated and they could feel it first on a down turn.

Once you get this, you can pretty much just increasingly inflate your numbers over the 10 year period.