The sauna tubes that it was built with have been upheaved due to permafrost (#alaskaproblems) and this has caused significant drywall damage to that unit only (for those who don't have the luxury of knowing what permafrost is here you go: http://www.cchrc.org/permafrost).

We knew going in that we will encounter surprises being our first rehab.Some of the added costs were surprises like replacing all knob and tube wiring with romex cabling.

I would check that out, along with a fix, as the first priority.I would recommend getting on you tube and goggling mold remediation and see what is involved.  

I learned more in 2.5 Days from her, then from all the time I have read/listened to others (podcasts, seminars, blogs, books, cds, you tube, other investors etc).

Thought whole house needed Knob and Tube replacement, but only second level needed to be updated.

If the building still has knob-n-tube, you may have troubles with insurance.Similarly the plumbing could contain lead or galvanized pipe - both of which you will want to budget it replace - on the supply side and galvanized, cast iron or clay on the drain.  

@Mary Jay I think there can be some concerns with asbestos, certain types of wiring like knob and tube as well as cast pipe plumbing as over time it closes in on itself but all in all there is something to be said about the materials and quality of older homes.

There are an abundance of activities: hiking, swimming, rafting, kayaking, tubing, zip lining, & farmer markets. 

However, it was freezing cold due to the lack of insulation, had knob and tube wiring, pipes that got clogged, and so on.

HELLOI WAS WONDERING IF ANYBODY KNEW A PRICE QOUTE FOR HOME OWNERS INSURANCE ON A HOUSE THIS OLD 1880 OR IF ANY BODY KNEW OF A COMPANY THAT WOULD INSURE A HOUSE THIS OLD THERE IS NO KNOB AND TUBE ON THE PROPERTY AND NO OILTHANK YOU