because that's the reality, your looking to climb Everest, in sandals.

Extra supply could come as a result of panic selling due to declining revenue, but that would depend on other factors such as unemployment and continued climbing inflation.

I might not have responded, except that I’m a life-long CJ owner and Ouray, CO is one of my favorite ice climbing destinations.

You already have some experience and with additional effort, will quickly climb the REI ladder to its pinnacle.

However, with interest rates climbing I personally believe that rent will continue to do the same. 

However, climbing through a window absolutely could land you in jail or worse.

Another aspect you mention is that you know it will be an uphill climb. 

I didnt see any signs of foundational cracking/major water damage/and the roof didnt have major visible wear and tear (I didnt climb up there).

I would not be surprised if it continues to climb for a couple more years then settled down to 2013/2014 levels.The rental market has always been very stable here, even through the housing crisis so I feel that if I buy an investment property now, even if the price is inflated, the rental income will be a good hedge against the coming correction.Now I'm certainly no RE pro, far from it, so these are just my observations based on living here for 30+ years, so take it with a grain of salt.

Also, I put my non profit on hold right now.So over-all, good progress but more needs to be done (as always...as an entrepreneur, there's always another mountain to climb - LOL).