On Thu, 25 Oct 2007 08:27:51 -0500, Vic Smith
wrote:

I saw a 3 BR house - maybe condo- for rent in Cape Coral, with davited
dock, on a canal edging the Caloosahatchee, at jaw-dropping cheap
yearly rate.
Can't remember exactly, but it was about 1200 a month.

There are good water front rental bargains all over SWFL right now.
Many speculators bought houses with the intent of doing a quick buck
flip and got stuck when prices went south. Try to rent with an option
to buy if you can get it. The banks have taken back a lot of these
properties from the speculators and are willing to bargain agressively
to get them off their books.