Florida is one of the desk's most active direct-fund states. Tampa, Orlando, Jacksonville, Miami-Dade — all four metros run hot for fix-and-flip and BRRRR, and the foreign-national rental investor pipeline is a substantial share of the desk's book in this state.
Florida runs a judicial foreclosure process averaging ~120 days; in practice contested cases stretch to 8–12 months, making Florida one of the slower states for distressed-asset exit. Hurricane insurance is a binding underwriting constraint on every coastal property — multiple programs in the network require named-storm coverage at 100% replacement value before funding.
SOW medians ~$55/sqft for fix-and-flip rehab. New construction is heavily concentrated in Tampa and Orlando inland submarkets.