Despite initially planning for renovations, severe foundation issues led us to pivot quickly.

Despite initially planning for renovations, severe foundation issues led us to pivot quickly.

The swift turnaround and effective marketing efforts led to a profitable transaction.

The swift turnaround and effective marketing efforts led to a profitable transaction.

It's possible that the buyer, Real Estate Express Acquisitions LLC, had a change of heart or encountered unforeseen circumstances that led them to ghost.

It had never occurred to me that one could be self-sustaining through one's own resources, mainly because I had never made an effort to understand money management, retirement, or finances in general.An MMM blog post led me to BiggerPockets, a forum where the members, sophisticated investors, referred to their properties as "doors."

Owing to the trend towards smaller,  more efficient appliances and LED lighting  electrical loads I think are somewhat less than they may have been per SF like in the 70's through 2000's when everybody had incandescent lighting and big tube TVs and refrigerators, dishwashers,  etc. that used 2 or 3x as much power as modern ones.I've had a couple turn-of-century units rewired to remove K&T and failed 'BX" (flexible steel sheathed  2 wire cable)  and agree with other posters the pricing isn't that bad as long as you can find an electrician that has some experience with that kind of work,   and sometimes it might be helpful to open up some cable routes ahead of time for them to use so they don't have to do the exploratory work.   

I believe that this is what led me to develop the work ethic I have and develop an appreciation for financial security. 

If they had extreme circumstances that led them to not perform, consider giving them some more time... then get rid of them if no progress is made.

For example, I've recently encountered more potential 203K/renovation loan deals, which has led me to actively seek out HUD Consultant contacts.