What I can say is that the people selling in this market are generally ones that want to get out as they are tired.  

This keeps the load manageable and weeds out the tire-kickers. 

Put the money into fixed income vehicles of various sorts and walk away and spend more time drinking wine and catching fish. 

They are very good at weeding out tire kickers, and their fee, for all the time they put in, is reasonable.  

Quote from @Patrick Thomas Dickinson: I must have been tired because I definitely missed the mortgage vs rent part.Let's say you move to a rental and pay $3,000 a month, then you rent your primary home for $3,000 a month.

Become great at what you do and you can make any vehicle a success.

Not so much due to the higher rates and financing but they are getting tired of the extremes from both the government impact, Covid and renters.2024 I think will be an exciting time for investing, the same as 2023 was.

Just curious how your transaction went and what financing vehicle you ended up going with?

So tired of the mythical LLC taking away liabailty.

Real estate is a long-term wealth vehicle, and overall, I would be cautious about how you define overpriced.