FL Wood Framed Home- Sell or Hold?

[Himateja Madala]

Hey folks,

So i bought a property last year in Wellington Florida which was remodeled on the inside .I live in CA and got this house remotely with help of agent and i visited the property only few months after i purchased.

However after i bought the house i was told that it is a mistake to buy wood framed house in Florida. When i did inspection there was wood rot in the report and i was given seller credit for it.At the time of buying i did not feel it is big deal.

But now that i see problems arising i am unsure if it is too much upkeep to maintain the house.I got the property at low interest rate of 3 so i would like to hold on to it.

Is wood rot major problem that i need to address immediately. What are some of the measures i can take to ensure it does not get worse.

I am just scared that some day the house will just fall off.

Please advice if i should sell the property or what measures i cant take for this.