I have family in that area. 

Do you have reserves you can show them?   

Faced with these burdens, many owners choose to limit their renovations to cosmetic work or, worse, proceed without permits to avoid triggering the requirement.This raises a crucial question: which is safer—a fully gutted and renovated building with modern electrical and heating systems, rebuilt to 2025 code but without sprinklers, or a building where the original, outdated wiring and heating systems remain in place because owners chose to avoid triggering costly sprinkler requirements?

I wanted to see if anyone has experience with or owns any properties with knob and tube wiring and what I should do. I

Scott as a starting reference.

Some, but not a lot of choices are rare do any of the prices make sense to me.   

It’s impressive how you took this single-family fix-and-flip from start to finish, self-financing and managing the project as the GC.

Is there a strategy to do a BRRRR with little to no money out of my own pocket?

By securing a home now, buyers can build equity while having the flexibility to refinance when rates become more favorable.Your years of experience shine through in this explanation, and I truly appreciate the depth of knowledge you’ve shared.

I do agree that in certain areas you need to focus like you said.