Cheap fixer-uppers in Pinellas County: Gems waiting to be polished

Ok, so we're not always talking about unpolished gems here, but there is still a lot of money to be made in purchasing, fixing up, and reselling homes under $80,000. My investors and I look for these criteria as perfect flip opportunities:

1. LOCATION - however cliche it may sound, it's absolutely the number one factor in any buying decision for a flip house. In a great area, your house sells fast and for top dollar.
2. "The Eye Test" - this is the "gut feeling", "makes logical sense", "good bones" test that is agreed upon by the buyer, Realtor, investor, and sometimes contractor(s). We look for extensive termite damage, rotting wood, foundation cracks, lifted, wood frame houses and rule out MAJOR renovations that make the project not cost-effective.
3. Price - this can usually be sorted out with making low offers on over-priced properties or waiting until properties sit on the market long enough for the seller to realize that it's not moving.

As of this writing, there are currently:

372 single family houses in Pinellas county UNDER $80,000 and 125 of those are UNDER $50,000

133 of the 372 are bank-owned "forclosures"
AND
44 of them are Short Sales "in-foreclosure"

While location is subjective, I count about 151 of these that meet our "target areas" or locations that are on the rise.

42 of the remaining 151 are at least a 3 bedroom, 2 bathroom house, the most desirable types of homes for the largest population currently on the market. While we do target smaller homes as well, they are only in key areas and lower price points.

21 are "not wood frame", not a bad criteria but rather an objection and a stigma for many buyers in Florida.

I remove another 8 because of square footage or false information in the listing leaving us with

13 properties to sift through the pictures, much more manageable.

With these remaining 13 properties. I look at recently sold, pending, and active comparable properties in the IMMEDIATE neighborhood and figure out which are most profitable.

Again, this is just for "under $80,000" properties. There are other price points that require additional criteria and profit margins to be eligible for my criteria!

Lastly, here are the final properties that passed my "eye test".

Just so you know I actually follow these rules, here are the properties I came up with:
12252 ELDON DR, LARGO 33774
2140 23RD ST W, LARGO 33774
9374 88TH TER, SEMINOLE 33777
5531 DARTMOUTH AVE N, ST PETERSBURG 33710
8501 HOLLYHOCK AVE, SEMINOLE 33777
1156 7TH ST NW, LARGO 33770
4732 2ND AVE S, ST PETERSBURG 33711
4529 9TH AVE S, ST PETERSBURG 33711