My wife and I recently purchased a 1971
Sovereign 31'. We plan to do a major "renovation" instead of a total "restoration". The trailer is in pretty good shape. All of the appliances work, the frame appears to have just superficial surface rust, and the only floor rot I've found (so far) is in one corner of the bathroom behind the tub.
I've already replaced the Univolt with a new Power Max converter and all of the electrical systems work fine (12v and 110v). I also have gutted the bathroom.
We are nurses by trade, but have a lot of experience building stuff. I built a Sonex airplane from just a set of plans. It flies great, by the way. We also have built several teardrop style campers totally from scratch, including the trailer frames. I'm a pretty good welder. We are blessed to have a brand new 25x50' shop space to work on this project.
We have always loved Airstreams and are really excited about this project. We look forward to getting to know the folks on this great forum.