Getting electrical work done without a license

[Dan Johnson]

Recently bought a 4 unit multifamily home in Louisiana. This is a C-/D+ property. I need to get some electrical work done which consists of: 2 new electrical panels, 2 new dedicated circuits, adding several new plugs, and replacing 6 outlet receptacles. Several quotes from local electricians have been very high.

I got a quote from a handyman for 40% of what the other quotes were. He doesn't have his state license, but he did show me his electrician's license from a neighboring state. He says that the licenses are reciprocal between the two states. In this scenario, let's assume I trust him, and he signs a written contract with me stating the scope of work and the payment terms.

I understand that replacing panels requires a permit from the city. And adding dedicated circuits might require a permit too. He tells me that his quote is low because he doesn't plan to pull any permits or get the city involved. I would think as long as quality work is done, and the panels and dedicated circuits are in working order, there shouldn't be any problems when I sell the property.

What would my risk be if I hired him and he does all the work to my satisfaction? Would there be any problems when I sell the property in a few years? 

Thanks so much for any input on this,