Re: Is a 2000 Cobalt 272 bowrider good for the Gulf of Mexico?
no. you are in too close and might run aground.
I'm kidding, but seriously, you have a 27' boat. Properly operated it will survive about anything you might get caught in, assuming you start out in fair weather. The more important factor IN THESE CIRCUMSTANCES is how far you are from running back to shelter. You question implies you will stay close to home; you did not ask about crossing the Gulf, and that would be a no-no for you in that hull. If you plan a long-distance run, say an overnight destination cruise, get some help from locals as to route and weather. Isn't that why you got a boat that big?
Don't sweat having one engine. It's not a problem or an issue. But carry the correct anchor so you can stay put until the tow vessel arrives.
Being close to shore is a false sense of security for two reasons. One is that beaching your boat in a storm is the end of the boat. Second is that shore does not automatically give you shelter; that is determined first by wind direction. waters close to shore are shallower and therefore rougher, more likely to have currents to contend with (tho I don;t know the Gulf WRTT). You really are safer a few miles out than going along shore.
If you had a bowrider under 20' my advice would not apply.