Over the last several months I have seen a rapid increase in competition and many buyers over paying for assets.

I know the 15th is rapidly approaching, who knows, you might have your "Aha Moment" late at the office one night over the weekend. :)Can you get into large apartments by skipping SFH's and 2-4 unit deals - Yes you can.The disclaimer though is you will most likely need to partner with someone who has a track record on getting these types of deals across the finish line.You may want to participate in a deal where you have someone else run the show.

Of those 3, the 3rd is most likely ... who knows when or how rapidly interest rates will rise, though, but I don't think they are long term sustainable at these levels.

I'm in the Cedar Rapids/Marion area (2nd largest metro area in the state). 

Bitcoin is both a giffen good and Veblen good, the price function only signals the rapid monetization it's going through.

Most often major market disruptors seem completely obvious in hindsight, yet completely unbelievable at the onset.In my area we have a large CapitalOne headquarters, one of their main national hubs, with covid they had to rapidly implement remote working for the entire staff, and they did.

Values have appreciated rapidly but rents haven’t followed.

This approach  allows for a real rapid sale.

San Antonio has a rapidly growing Airbnb market.

For example, an investor who is experienced enough and wise enough to perform the due diligence necessary to uncover an emerging market where there will be several factors that would contribute to rapid future price growth in housing would be making a speculation play, but would be doing so with a stacked deck as other investors may in fact just be rolling the dice.