Hurricane Ian Investing - Fort Myers, FL and All of SWFL

[Brent Wood]

Hello fellow investors! 

I live in "ground zero" of Hurricane Ian and am finding a TON of properties for people who want to take their insurance money and run! 

They are selling them AS IS (obviously), but the property itself is still valuable. Especially on Sanibel Island, Fort Myers Beach, Bonita Beach, Pine Island, Matlacha, and more. 

Our biggest problem that we are facing is that if there is an Open Claim on a property that is up for sale, the new potential buyer cannot get HOI until that current open claim is resolved and dissolved. Which could take up to 12 months+ for some of these properties. I am trying to find creative ways to try and secure one of these distressed properties, but am running into problems with this insurance situation. 

Does anyone have experience investing after a natural disaster? What types of properties did you find most attractive and why? Did you have insurance issues?

Thank you so much for the advice!