Seminole for Example has a lot of great traffic and tons of spots to eat, drink, socialize for adults and kids.I know Cape Coral is picking up in terms of STR's with the complettion of the 7 Mile Island and more construction lately. 

With current rates around 7%, shouldn't there be an opportunity to purchase properties that were bought with adjustable-Rate Mortgages (ARMs) at 3% in past 5-10 years that are hitting their reset period this year 2024...

A mid term or STR would have more cash flow for sure.

Interest Only Loan - This allows you to avoid negative cashflow in your monthly budget.

Carefully review your insurance policy to understand the terms and conditions.

Get familiar with FHA and Conventional loan terms. 

Leave it to the experts is my recommendation on drafting all the documents after the terms are agreed too.

(Another option to the above scenario is to instead have the LLC lend my father money to complete the rehab so all the repairs are made in his name...but then the LLC would get no tax deductions on the rehab, plus my father would wind up paying interest on the loan and the LLC would incur taxable income on the interest of the loan as well.)I've said a lot here, but It would be greatly appreciated if anyone can give me advice on the best strategy to pursue...Thanks!

The question is, what date is used to qualify the year of holding to avoid short term capital gains tax?

Owning property in Germany can be a good investment, but it depends on various factors like your long-term plans, market conditions, and personal preferences.