Knob and tube wiring alone can be a major red flag it’s not just an insurance issue but also a potential lender roadblock, depending on the severity and whether it needs a full replacement.

Nothing like a little cabin porn. 

If needed add a minimum of 15kModerate RehabCan save at least two of the following- Electric, Drywall, Flooring, Plumbing (likely touch ups in the other two)Redo KitchenRedo Existing BathroomsNo framing or architect plans neededPaintFinish BasementAdd a split unit to existing duct work (prevent from tearing up existing plaster/drywall)*Think of a grandma home that does not have knob and tube and has been on top of roof/windows so we aren’t as worried about mold/water damage*Light RehabComps do not need a finished basement or basement is finished to comp standardComps do not need HVAC or you can just add split unit to existing ductworkKitchenBathroomFloorsPaintNo major rehaul of mechanics needed (aka do not need to rip out walls)LipstickPaint, Floors, appliances in the most basic sense ARV Range Full Gut Moderate Light Lipstick +450 (A+) 150-300 N/A N/A N/A 380-450 (A) 90-120 70-75 N/A N/A 270-400 (B/B+) 85-100 60-70 N/A N/A 210-270 (B-) 75-80 60-65 45-55 N/A 170-210(C/C+) 65-75 50-60 40-50 15-30 140-170(C-) 60-70 50-60 35-45 10-20 120-140 (D) 55-65 40-50 25-35 5-15 Philly Neighborhoods Breakdown:A+ : Obvious Prime Real Estate.

And he has researched it enough to know if you do 3 or more in a year you do need to do full dodd frank. if you look at the U tube he posted you will see its just a trainer giving a once in a year or so example and not much detail how it actually works.

Eastmoor and whitehall are good too because of newer home ages after 1940 where you don't have knob and tube wiring and some of the other issues. don't be afraid to look at new construction or ground up new builds closer to downtown. rentals are overpriced in these areas but build costs are low and it can be a good strategy 

how does one vote on the Morris U tubes do you need to be a member of U tube .. ??

They all spoke about something that you can already view in their You Tube channel. 

installing PSL flush beamSome of my other favorites are undersized electrical services (particularly underground) aluminum and knob n tube rewires.

They understand they can/will lose their " free ride " if they tear the place upAll the best  I had two tenants in Detroit that were SO Mean just think some of the U tubes you see about fowl language etc..

Knob and tube is very difficult to insure.