Hi all,

Just getting into this game. Looking to move on an old duplex, but the electrical is Federal Pacific. Realtor said absolutely should be replaced. I’m gathering quotes and estimating a 6K cost to replace the panels but the deal pencils nicely even with below market rents. 

Curious if this community has had experience with Federal Pacific electrical and how big of a red/yellow flag is it actually? Where are my blindspots here?

Thank you all, excited to be part of this group!