I would like to speculate and grab up some property from these particular distressed properties in the Florida area.

There isn't any speculation as you are buying the tax deed on the spot.

Off the cuff, my guess is the spa/jacuzzi is worth it, the pool may or may not be, would be need more info on the location and finish quality to speculate.

It's just speculation building/flipping with a buyer already selected.

I know part of it was an increase of interest rate, but I think it is more of a market speculation where most people believe the market is inflated at the moment and wait for an adjustment.

Maintain the property and begin implementing strategies that promote tenant retention before you need it.Buy in Fundamentally Strong MarketsThe temptation is to chase yield in speculative areas without a strong local economy, but don’t fall for it!

Play the fundamentals if you are in for the long-term...avoid speculation (unless you're a speculator of course). 99% of wholesalers are idiots90% of real estate agents are idiotsLeverage technologyTrust but verifyI'm sure many of us could write a book on this stuff, but I'll stop here.

I suspect that we will all be waiting a lifetime to see rates back to were they were 2 to 4 years ago.. so I would not bank on that.. as for pricing.. if its a place to live then you certainly can just wait and see.. its not like your homeless or need to move other than you don't care for your neighbors.. markets always slow about now.. what will be telling in my mind is were we are at next Feb March April in the buying season as it were.I was in a conference this week here in Vegas and some of the speculation is that many of the commercial type loans that had 5 , 7 and 10 year calls  are going to stress those that had max leverage.. as the rates rise the cap rates rise to keep pace thereby devaluing the properties.. to the point some of these investors are going to need to bring some to significant amount of fresh capital to pay down their debt to get a refi.. and that will stress those assets and there could be a real buying opp in that sector.. at least that's what I gleaned from the talk I listened to yesterday... hope you find that dream home in the country !!!

Their lease ends next summer and I may just discontinue S8 then depending on the answer.If I had to speculate, I'd think I would need to petition/request of the state that the property be approved at a higher rent.

Louis would be nothing short of pure speculation and if I were you I would never take action based on speculation alone.