I'm currently shopping in Columbus, Ohio because it's more likely to cash flow than my current market where prices are inflated and competition is too high.

Yes, but you need to be careful you are not paying for over-inflated property.

To summarize some key points and address your questions directly: 1) WHY the Fed is raising rates: The Fed's first job is to combat inflation.

Regardless of the internet rates or inflation, as long as the deal makes sense, I'd buy every time.

In particular, income-generating real property and multifamily have historically — and as I’ve witnessed from experience as an investor and developer — shown a greater ability to grow net income during expansionary periods than securities and other assets.Owning real estate has a number of benefits during periods of high inflation.

Inflation - 8% Because of this all raw materials and service cost will increase.2.

in hopes of inflation and fed reversal to get better rates, or should I press forward and jump in?

Nothing but talk of inflation, hyper-inflation, recession, etc.... all day every day.

Request a new appraiser, walk away, OR when we refi next, as inflation keeps raging, lets get it calculated then.

Another thing to consider is the volatility of the stock market in an inflationary environment, vs real estate returns which have historically outpaced inflation.