Fixer-Upper Myths Exposed

Inside This Report

Renovation reality, 50% rule, permits, insurance — what you actually need to know about buying fixer-uppers in South Florida.

• The 50% rule: renovation cost estimates that are usually too optimistic
• Permit requirements: unpermitted work, compliance, and resale consequences
• Insurance implications: older homes, vacant homes, and coverage gaps
• Contractor costs: materials, labor, and timeline overruns to expect
• Capital gains tax implications of flipping homes in Florida
• When fixer-uppers actually make sense (and when they don't)