However, I have seen just a single deal in that same time, where a subject to could have benefited the seller.

Look at the slope of the property and drainage-where is that water coming from? 

This topic comes up with more expensive fix and flip courses where you have to determine the timing of the deduction and when the course was taken when folks are transitioning from their W-2 jobs.  

You will receive most if not all your benefit in year 1.Year 1 is where you will spend money furnishing the house and potentially taking bonus depreciation via cost segregation study.Year 2 and onwards, assuming you got a performing asset is where things will reverse tax wise and you will likely be reporting positive taxable income.

Imagine we reach a time where interest rates are higher so it is harder to get qualified, your HELOC balloon is coming due and they will not renew.I'd put in place some permanent financing on you long-term holdings.

It's going to be a hard year, but hard years is where you can make the most(not in 2024 but in years later).

I been making calls to houses thats been on the market for 60days or more but nothing is working. is there anyone that is currently doing STR in the FL market that can give some tip where would be a good place to start and what I should expect. 

However, I'm just starting out and looking for some guidance on where to begin my journey.I've done some research online, but I'd love to hear from those with experience in this field.

Also, in a time when homes are becoming more and more unaffordable, I believe that investors and homeowners will seek markets where homes are affordable.

I'm considering purchasing a property in a city where the average household income is around $50k per year, and houses are selling for $250k to $300k.