Looking to invest in Florida but mom diagnosed with overian cancer so not sure if thats possible

[Cam Mckin]

Hi everyone I have been reading here for quite a while and enjoy the site, my last name is Mckinnon but for some reason I could not add that when signing up with my phone. I was interested in purchasing more sfrs for good prices and good rents, I have been pre approved for 325k worth of mortgages and have some savings for repairs and possibly some cash deals. I am in the Florida area near Hobe Sound 3 looking at rentals in Ocala FL, and Port Saint Lucie, FL . My mom has just been diagnosed with ovarian cancer so I will need to visit her in Seattle (perhaps indefinately to help her) even though I was hoping to invest in Florida. So just as I was pre approved and have some savings to invest I will probably be heading back West, I am just trying to think of ways I can invest on the East coast while living on the West coast for weeks or maybe months at a time. Maybe I can do some of the work on the internet or find some people I can trust to assist me with finding some good investment properties.

[Tiffany Plovie]

@Cam Mckin

I am responding from one person to another, that has had a sick parent dealing with cancer. It is heart-breaking to watch someone you love go through such a life-altering experience. I am not sure what your mom's prognosis is, but rest-assured that your presence will mean the world to her.

You have already done a lot of the first- steps needed to take action in Florida, so it is of my opinion that you continue to research and buy there. I would reach out to other BP'ers who invest in Florida and ask their advice. Develop a strong support system, an on-the-ground team that can pitch in when needed. Do you have an agent that you can trust? A friend that can be there for inspections, bids from contractors, ect., if needed?

Real estate is what allowed me to be there for my mom and care for her while she battled breast cancer. I would sit with her and peruse the MLS for deals to explore in my 'off' time. I would have it no other way.

It can be done.