The RDU/RTP market is incredibly dynamic due to low inventory for both sales and rentals, increasing costs and inflation, and increasing migration, so it might be good to hone in on some of these details to further narrow the answer on where you may want to be searching.

Throw in record inflation and price increases it's not surprising to see appraisals come in all over the board.

Hi BP community. As we are experiencing odd times back to back. you know Corona, shut downs, rise in gas prices, possible WW3. what affects can all this have on RE and REI?  

Landlords have costs to pay to keep the property in good working order, and inflation has not helped landlords any more than anyone else. 

I would bump up the interest rates to be in the mid 5s and inflate your closing cost just in case you have to pay additional for points. 

The current rental does not currently have a mortgage on it.I'm trying to decide what makes the most financial sense, should I hold onto the property with the heightened rental demand and use it as a hedge against inflation or go ahead and sell with the currently high real estate prices before interest rates spike too much and drive down prices/demand, and hold onto the funds until I find a property that meets more of my criteria. 

I probably wont purchase another property until the market lowers, cost of everything is way too inflated, I will also most likely start investing in a new market out of state because properties are cheaper and I can expand faster.

With that being said, we have 40k right now and we’re losing because of inflation.

OK, inflation in general, the supply crisis, low interest rates and a growing population also have something to do with it.

Such growth was primarily due to rising inflation.