But when I looked at the description it says that potential rent is $1200 per unit. 

Look for properties with low taxes, separate utilities, strong demand, and potential for rent increases.

Potential buyers (good credit, income, and savings) holding off because of high interest rates.

Is there strong demand for rentals and is it potentially possible to rent a room for 1500-2000 depending on the location (slightly cheaper than a studio from what I've been seeing which is how I priced my rooms in AZ)?

Seems like the few people I talked to that are selling land in Florida are trying to sell it above retail without understanding that most of their potential buyers are going to be builders. do Not buy land in FLA without doing full due diligence  on all aspects . there are environmental gotchas that you need to fully suss out prior to waiving due diligence

Focus on properties that align with your criteria—whether it's cash flow, equity potential, or location—and stay consistent, even when setbacks occur.

Yes, prices are high, but there is good potential for appreciation, and tenants are generally reliable and high quality. 

That's a potential of 5 - 6 months where the tenant doesn't have to pay me a single dime and will be squatting in my house for free.

Consult a tax advisor to optimize the use of passive losses and explore potential benefits from selling stocks.This post does not create a CPA-Client relationship.

I choose that market due to affordability, potential cashflow and cash on cash return.