There are not only banks selling repossessions but developers selling projects at big discounts. I was there in february and saw a project near the airport in orlando
Example price $54,778.00 rent p/m$699.00 Tax$199.66 HOA Fees $132.41 ROI Gross rent 15.31% net rent 8.04%.
Development was fully occupied due to location. Built about 25 years ago with working class tenants. You can check on the county tax website what the properties last sold for, and in the case of these it was $128,000. So theres definitely bargains available for those with cashflow