When CPI comes back in higher than expected, expect the Fed to respond by continuing their interest rate hikes, or getting even more aggressive with hikes than their previous guidance would suggest.That said, I am optimistic that inflation is peaking.

I would just start saving again but inflation is making living below your means a lot harder to say the least. haha. 

Multifamily has stood the test of time and has always been used by investors as a hedge against inflation when costs and interest rates are rising.

Real Estate is an excellent forgiving asset to hold long term and a hedge against inflation (we are seeing that with todays market conditions).

Cryptocurrency, far from being a hedge against inflation as promised, is proving to be correlated with the stock market.

If we just stay especially with all the inflation it is hard to save money for another project.

you're right. you can use general rules of thumb. but for most accurate (esspecially with the 9.1% inflation we're seeing) contact a local flooring company and get a quote. say $4.50/sqft installed?

Can you still find any deals to wholesale depending on how the market is right now ?

Given the area and the waaay inflated prices in this area (central CT), they're asking 300K for this property, which seems low given most everything around here is close to 400 or more (the sellers recently bought 4 or 5 properties all in a row on this street, not sure what the reasoning was behind it (obviously money), but they just sold 3 of them and this is one of the last two they have). 

We are already seeing an impact in upper-end housing, (one of the local builders has 6 spec homes sitting right now)   The FEDS want to tame inflation and the only way will be pain (high interest rates).