We got burned with our Investments in India due to the Foreign Exchange Rates. 

I have all of the things in the example lease, and I added extra clauses for things like keeping track of keys and locksmiths, burning candles and grills safely, cleaning and lawncare, an expanded clause on not clogging drains, no pools, etc.

Some other posters have gotten burned dealing with crappy tenants and I understand their frustration with certain aspects of being a landlord, but it comes with the territory. 

(these type structures also burn like match-head in an instant too)If there are large baseboards with the plugs in them sideways they may pop off and allow access to the upright space in an easy manner.So you might not need to disturb the plaster if the electricians are clever about it.All of your your runs might not be the shortest from A to B but they can figure that into cable sizes.Although in an old house you might find the exterior wall spaces filled with, ground newspaper or some other 1970's (or later) insulation effort.Another factor is a large re-wire might trigger an up to current code setup regarding plug types, placement and number, breaker types, etc...If there are firebreaks (horizontal 2 x 4's) inside the walls, you might have to open the plaster (unless there is an electricians trick I don't know about).Pic 1 and pic 2 shows antique method of construction with some 2x4's open from basement to eave.Pic 3 show's a more modern technique with a floor between the levels.Pic 4 shows the hidden space behind an old tall baseboard (in some houses) that can make fishing easier.Which do you have--it was up to the original builder.Good Luck!

Obviously, if you've got money to burn, go get it!

@Brandon Sturgillit sounds like you've seen some investors got burned, was this in your market or somewhere else?

Most homes don’t burn down either @Charles Granja, but this is not a reason to avoid fire insurance.

If a fire starts because of improper wiring and burns the whole house your insurance won't pay.

@Kristina Sparrow I agree to a certain extent, in that I'm not going to get burned too badly by my inventory from a property tax perspective.  

HML will give you a pre approval letter once you have been vetted.Keep in mind though when you do a loan to BRRR your going to burn through at least 7 to 15k in financing costs depending on the price of the property..