At any rate, I saw someone trying to explain how the @... works yesterday and I tried, but I really couldn't figure it out.

This is the perfect place to learn.

I think at this point, i dont think sheriff sales is a viable part of my strategy. 

You can set it up yourself at www.sunbiz.org , which is the website for the State of FL Division of Corporations.

Are there any tips you might have on sourcing great deals, deal structure, and how to know whether LTR, MTR, or STR is the best route to take?

As you begin your REI journey here is one tip I have for you:Use this website as you are trying to narrow down the places you want to invest in. https://www.areavibes.com/Its awesome because it gives you a "total livability score" & you can compare different zip codes & streets to others. 

Quote from @Sabian Ripplinger: i want to possibly use hard money this year to grow quicker   and can you use them for new builds  who should i use and  any tips?   

Quote from @John Winters: Greetings BP ~I am hoping to receive some feedback on the financial feasibility of this plan and/or some tips to improve it. 

Just a tip - make sure you don't just look at the current property taxes. 

I try and disclose problems.