Long term invest

[Sejin Kim]

Hello, 

what steps do you guys take for long distance properties? 

my husband and I want to buy a property for our vacation home. We will visit there once~twice a year and meanwhile we want to rent it out as short term rental. ( we are thinking of Florida and that market seems slow these days ) 

we are in CA.  We want Cash flow. 

we are going to get loan. 

So do you guys visit properties and then put an offer? Or do you just use realtor and ask video tour? Or do you put offer and then visit? 

We found properties we liked however in order to cash flow, we need to do good negotiations since the price we will offer will be much less than what seller asks.. 

it will be our first investment and we are excited and nervous. 

Any advice will be appreciated. 

Thank you.