And you can also put an inflation adjusted dollar figure on each one as well as a timeline when that money might be needed.

Likewise, the Fed will not hold interest rates high for a prolonged period of time (but the next couple of years will see them elevated I guess)… In the short term they will continue to raise them to continue to combat inflation.  

I haven't built my war chest of funds yet to keep in reserve, so those first properties probably aren't going to cash flow heavily (especially since everything is more expensive with the last year or two of inflation).

However, here's a general guideline that you might consider:Stocks: 50-60%Stocks offer the potential for long-term growth and can help protect against inflation.

Inflation: While real estate is often seen as a hedge against inflation, the rapid increase in costs for materials and labor has made new developments and renovations more expensive, squeezing profit margins.3.

The great thing about real estate is that it's (usually) a leveraged bet on long-term inflation. 

We sold some locations, thus not holding into assets going into inflation.  

I’d look at how long you plan to live there first as the longer you live there typically the higher you can raise rents organically due to inflation and the overall cost of living increasing every year.

Whatever you do, start now. 20 years from (and whole bunch of inflation in between) you will understand that there is no bad investment when you are 24!

And it's in high demand everywhere due to high inflation and people not being able to afford housing these days.