Wholesalers for the most part tend to under estimate reno costs and over inflate the ARV in the hope of getting a deal and to those that know numbers, we simply write them off as lacking the product a real investor is interested in and we move on.The three things you need today to be a successful wholesaler are 1) a solid understanding of estimating reno costs, 2) a solid understanding of pilling comps to get ARVs and 3) a list of cash buyers so you are not looking for one when you get a property under contract. 

They have to protect their cash from inflation.

What they're all saying^^^^^Real investors do the best when the market is bad in some way....inflation/recession/buyer's market/seller's market/etc....

However this was through a more established construction company and they knew I was an out-of-state investor so it was probably an inflated price.

After all this inflation.

.: Nah, Hedge Funds are putting huge amounts of money into real estate to take advantage of the rising inflation rate and that is enough money to stabilize real estate prices for the foreseeable future.

If gas keeps in this range, inflation will be reduced.

RE over the decade went up about the same as inflation.

If you have an IRA sitting in cash - you are losing money to inflation.

Get the mortgage rate where the rate is lower than inflation.4.