Seriously, though you can get a "Non Contact Voltage Tester" for $20(name brand tool) from a home improvement store and only $6(cheap no name brand) at Harbor Freight tools....it is a very easy tool to use, that when you pass it over the black(hot) wire will light up and make a buzzing sound, if the line is hot/charged.But, as others have mentioned, you may do what I have suggested and the line appears uncharged, BUT, it is connected to a switch at a breaker box or wall switch that may accidentally be turned on and then create a very dangerous scenario.I personally do not like mystery electrical wires!

These items will affect how high you can charge for rent, but they shouldn't be a deal breaker and it shouldn't make it challenging to fill your units. 

its not guaranteed until the title commitment is done and in hand.. lenders want that a few weeks in advance so they have time to review it and check that there is nothing on title they dont like or is a deal breaker to funding.. they dont want to do all the work then have one day to review and approve title. these companies work just like a bank  they have set process's and getting title commitment and funding  same day is not one of them. now myself I will without title insurance.. and rely on a trustee's guarantee and my borrower if something does not go right then my borrower has to make it right.. so it takes a very special borrower that has that capacity.. and or have earned my trust.

I've had clients who actually looked at the broker comp commission on the MLS sheets and that would drive/tie-breaker their decision.So, I think it will be really interesting on how the market fragments depending on the relative size of the groups of buyers...

It is simple enough and cheap enough to run surface molding up to the fan box, with an extension on an outlet box to connect to a circuit.

Then you have flooring, drywall, paint, trim, the electrician for moving the vanity light, the new vanity light, upgrading the outlets/circuits if needed (bathrooms now have an extra circuit), and are you up to code on ventilation?

I’m less concerned about the small items, and I focus on where big costs surprises can come up (new sewer lines, breaker upgrades, galvanized piping, etc) so I can re-trade my offer appropriately.

@Geremy RosenbergLots of red flags but no deal breakers for me personally.

More info to come after visit and meeting with property owner today.NOTE: Deal breaker for me will be if the property has septic/well water AND no nearby access to city water. 

I'm looking to upgrade/ rewire because my breakers keep tripping.