hey guys....I have a chunk of money I want to invest in a cheap house. I am thinking about Florida (possibly Pensacola). Problem is....I live in CA...Am I crazy for thinking about this? Does any one own a home thousands of miles away ? I am looking at current markets, and charts are showing 10-12% . I could even rent it out to vacationers a few weeks at a time. Tell me to do it LOL .... or maybe it's a bad idea.