I'd rather someone under promise and over deliver, than over inflate projections and hope for the best.

Otherwise simply look up the section 8 rate for a 3 bed 2 bath in your area which must be over $4800/mo now at 7% inflation rate from $1200 over 20 years. 

Lots of people come here because it's so much cheaper than a large majority of the country but with the cheap prices comes a high level of pain.I see a lot of people just gravitate to whatever is the cheapest listing on Zillow and then they end up way over their heads or worse, they buy something with a wildly inflated value because they don't understand the difference in comps from one neighborhood to the next. 

With the current inflation and economy its hard to say which way to go . 

It does sound pretty risky and definitely let your own research hold more weight than AirDNA I have found those numbers to be slightly inflated in my market. 

I use 3% rent growth (lower than inflation).

Especially in times of inflation and high demand for real estate, I want to control the maximum value of property with the minimum amount of investment.We started with $200K seed money about 3 years ago and now have more than $500K in equity in our properties in addition to the $240K in cash we just refinanced and took out to reinvest. 

If you truly know the appraisal price is inflated….

For anyone in this market now you know how inflated the MLS prices have gotten over the last 12-18 months and its hard to see much profit margin when I run my numbers, so I'm hoping to be able to link with a couple local agents and wholesalers to potentially be mutually beneficial for each other.Current flip Purchase - $107,500Rehab - $28,000ARV estimate from appraisal 3 months ago -$209kI'm also looking just to connect with some more local folks also to shoot some ideas back and forth about the market down here &/or maybe some plans/ideas we have going forward.Sort of a loaded post so I apologize just a little difficult to grow & network the way I'd like without living in the actual area. 

Or should I wait to better understand the implications of the current war in the global market and how it will affect interest rates and inflation?