Pergo Outlast+ is the middle one of 3 quality levels and is specifically rated for bathrooms and kitchens and advertised as waterproof.

An investment property bought with cash may have a cap rate between 5-7% and appreciate another 3-4%, giving a slightly higher 8-11% return.

Meaning… investors compete against each other, lowest interest rate wins.

But since I do not know the area, I don't know if the price is reflective of a bad neighborhood, or if that is just the going rate of the city. 

App_mode=Displ...197.172    Interest rate; calculation and minimum.(1) Real property taxes shall bear interest at the rate of 18 percent per year from the date of delinquency until a certificate is sold [...]Translation: Property owners who are delinquent on their taxes, for which a tax certificate (i.e., tax lien) is sold at auction, are charged 18% per annum.197.432    Sale of tax certificates for unpaid taxes.(6) Each certificate shall be awarded to the person who will pay the taxes, interest, costs, and charges and will demand the lowest rate of interest, not in excess of the maximum rate of interest allowed by this chapter. [...]Translation: Florida is a bid-down interest rate state. 

Obviously, on paper, I would much rather keep the home and rent it out having such great equity and an amazing rate. 

In that case you would want a fixed rate not a adjustable rate like a HELOC.

For other variables such as tax rates and heating costs, I find it easier to get a good evaluation.

We actually have the option to STR on a few of our properties and decline to do so because we make more money than an LTR on our medium-term rental with a lot less work than an STR.The pros to medium-term rentals: high occupancy rate, no local regulation issues if you are 30+ days, elevated rents, more and more people are staying longer, often the midterm rental tenant pool is professional. 

These loans are all 30 year fixed rate loans.