There is a abundance of foreclosure hitting the market in southwest florida area. There is many opportunities for investors to tap this market now for good solid return on investment. Many of the homes that can be bought for 30 to 40 cents on the dollar can be profitable as rental income cashflow properties.
For example: buy a short sale for 50k and your mortgage with very little down can make your about 400 per month, and the rental market is supporting about 800 per month for a average 3 bed 2 bath house.