I came across a random podcast talking about FL's market crashing due to inflated cost with too low of a demand, along with refusal to cover storm/hurricane from insurance agency ( I admit I haven't researched the truth behind this one), assuming it pushes owners/investors to go to private thirds at a massive premium.

Buyers who pay a premium for living in one of the nicest areas of the city.

HI Kev, we helped a lot of luxury STR investors this year utilize the accelerated deprecation tax incentive, I would actually suggest checking out the bigger pockets featured tax preparer section and sine it's likely a considerable reduction definitely not try and do it yourself..the investment in high quality reliable tax advice is essential to any investor tool kit. 

The regulations only apply to stays less than 30 nights, so think most furnished rentals would just go mo. to mo. and seek a rental premium for being furnished and flexible term.

To take this further, I recently tuned in to the Bigger Pockets podcast and one of the featured guests proudly stated that they are negative cash flow but that's fine because the property is expected to appreciate in 10+ years.

High performance contractors run on premium gasoline , and they dont run on empty . 

When deciding between new construction and resale properties, consider the advantages of warranties and modern features versus potential savings and immediate occupancy.

So I got a private message from @Peter Walther to the effect that he was not allowed to comment on this thread.Do you really need to be a Pro/Premium member to comment on posts?

They stay in business by charging premiums and not paying claims, or challenging them and not paying them in full.

Unless you start with a property that has that infrastructure already in place, where you will then pay a premium for that.