Stolen Copper Wire - Rewire or Back out deal ?

[Ocie Gibson]

I'm about to buy a house in Baltimore where i just discovered the copper wire was cut out from from the basement and every wall socket in the house.

I have my electrician going down there tomorrow, this is common in Baltimore I'm paying 9k for the house and 15k to rehab it rental condition and that does not include the electric in the budget I will get that estimate this week.

I'm thinking about walking away from this deal because something tells me that the cost will be to high

Details : The property has all its walls which would make the electricians job hard and will require him to try and fish the new wire to outlets and its a 3 story home.

What are your thoughts on this BP thanks in advance.