Rents and prices of existing properties will rapidly due to limited supply.Conclusion: Based on the potential for urban sprawl, I believe that rent and price growth for existing properties will not keep pace with inflation in Dallas and Phoenix.

While the message you received doesn't seem overtly hostile, it's worth noting that situations like these can sour the landlord/tenant relationship rapidly.

The fire investigators rapidly locate source of fire, and also the causality.

You should always build in margin for the "what ifs" including if ARV doesn't end up being as high as planned.A LOT of people got away with being sloppy over the past several years and rapid appreciation saved them.

I've noticed a slight slowing down of the market here in Iowa City/Cedar rapids area since ~June, but it's bound to significantly speed up with the Spring market in 2023. 

I expect those markets to experience rapid price drops as there simply is insufficient local demand to prop up prices and rising interest rates will scare of the investor class as cash flow opportunities will become non-existent.  

You don’t need an advisor here, especially as this marker rapidly becomes a buyer’s marker.

Even now that I can easily get conventional financing and go more traditional routes, hard money still solves many issues requiring a rapid close, properties with more problems, etc.

This is rapidly becoming my #1 ANNOUANCE myth in real estate, the myth that "oh-oh-ohhh tell someone your going to pay all cash and they will hit the floor, praise your existence, and let you buy it for tens of thousands less than everyone else" it's simply NOT true. 

You could also look for a partner to give equity to in exchange for their investment to rapidly complete the project to then convert it.