Rewire or not?

[Jason Douthitt]

Anyone rewire any units in Oklahoma lately? I'm bidding on a property that is 60 years old. It's going to need a higher amperage box and since the drywall will be out anyway, I'm thinking that the old wiring should be replaced? Is this a good idea? I have never had this done so I have no idea what it costs? Pros and cons? This will be a flip not a rental. 1100 sq ft 3 bed 1 bath. B