Realistic life expectancy of a house

[Kamil Pieniadz]

I'm currently looking at single family that was built in the 1880s. The game plan is to get into it with a VA loan so I can put no money down and avoid PMI at the same time. I want to live there for a year and then rent it out once I move. My only concern is the age of the home and what kind of life expectancy can I realistically expect from something this old. From the numbers I've ran it would be a cash flow cow but since I typically get insurance that covers the value of the home and not cost to rebuild a new one. Ideally I would like my asset not to implode on itself a couple years after purchase.