Historically changes have taken a decade or more to progress.

I understand many of these people selling now are just cashing out on the historic RE price growth over the past couple years. 

Although interest rates seem to be on the rise, they are still at historic lows. 

windows which are single pane and have more working parts as well as poor insulation so probably more expensive to replace in kind (thinking blown-in insulation after window upgrades); and, lastly, come 2024 the house will hit its centennial and fall into a historical category, which will require special permits for modifications and upgrades. 

We are in a rising rate environment yet still enjoying historically low rates.

If you research and choose a proper performing and growing market, purchasing a property now to lock in a historically low rate is well worth it and will set you up well!

High 4's are still great rates, historically speaking.

Is it a historic building?

If the terms, ADR, RevPar, are foreign to you, get a partner that understands hotel operations and has a strong track record.I look at hotel financing transactions all the time and they are especially difficult now to secure and the primary reason for historical loan failures are inadequate management/experience.

My dad had a machine he bought about 100 a year in the one day at the tax sales and in the 50s and 60s there were companies that would buy 1000 or more in the few days during the sale.. this was San berdo and Riverside counties and Lake co and any county that had 1000s of historic old platted lots that were never developed.