Exploring a fixer-upper in St. Petersburg, Florida!
- Mar 16, 2025
- 1 min read
Welcome to another inside look from Sandy Buys Houses! Today, we're showing you a property my business partner and I recently acquired that perfectly illustrates a common investment dilemma. This home has great potential but needed immediate electrical updates, so we plan to upgrade the outdated cloth wiring to modern Romex wiring with a new electrical panel, bringing the property into compliance with the 4-point inspection requirements for FHA and conventional mortgage qualification.
As we walk through this home, you'll notice the remaining renovation opportunities throughout.
We're at a crossroads with this property and want to share our thought process with you: should we complete the full rehabilitation ourselves before listing, or should we offer it at a more accessible price point for a family willing to take on the remaining projects themselves? Join us as we explore the property's potential and weigh the pros and cons of each approach.
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